In NFTRH 490 we noted that the market had a sentiment underpinning that could see more short-term upside. Monday was positive and today gapped up to open and spent the rest of the day declining. Not a good short-term look for the market. Our theme has been that the correction is not indicated to be over but that the Fed hawk and Trump tariffs noise … Continue reading NFTRH; US Stocks, Treasury Bonds & Precious Metals
I am taking a well earned and substantial profit in PANW. I’ve been calling it a “machine” in NFTRH for its trend change and upward grind (that turned into a surge). There are other stocks on my radar and I was falling in love with this one. Maybe it’ll be on radar for another buy some day but for now, it’s history because too many … Continue reading Profit Taking is Legal? Okay Then…
We’ve not publicly taken a look at the ‘vs. SPY’ US sector views in a while so here they are. Make of them what you will, but remember that normal TA should not be applied to ratios. It’s just an idea of the relative trends. Daily… Weekly… Subscribe to NFTRH Premium for an in-depth weekly market report, interim updates and NFTRH+ chart and trade ideas; … Continue reading vs. SPY
NDX fills one gap with another down at support, which is in the 6950 area. SOX is trying to fill the first gap. A drop below the moving averages would probably signal a test of support and lower gap fills. Subscribe to NFTRH Premium for an in-depth weekly market report, interim updates and NFTRH+ chart and trade ideas; or the free eLetter for an introduction … Continue reading NDX & SOX; Gap Fill Time? 30 Min. Chart
We are the land of Disney, creepy and often seedy reality TV and botoxed, butt implanted, carpet-walking 2-bit celebrities of all kinds. We are a cartoon… with guns. We elected for president a man who started with Daddy’s $1 million and used debt and the system to rise to prominence… ultimately landing a spot on an entirely stupid reality TeeVee show. Now the TV Star-in-Chief … Continue reading America Inches Closer to Being One Big, Dumb TV Show
