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NFTRH: Metallic Cycle Indicators Updated

It is FOMC day with new Chairman Powell poised to deliver a rate hike and initial press conference (if I were him I’d talk a little hawk to establish a baseline of credibility). So the noise level is up there and in-day indicators could well be just picking up the static. Regardless, we’ve talked about the cyclical vs. non-cyclical metal indicators as a would-be warning … Continue reading NFTRH: Metallic Cycle Indicators Updated

Junk & Short Junk, Bearish & Bullish (daily charts)

HYG (junk bonds) has a bearish daily chart and so its evil twin, SJB (junk bond short fund) has a corresponding bullish daily chart. I own Thing 2 (having added to it on junk’s last bounce to the moving averages) as long as that remains the case. Subscribe to NFTRH Premium for an in-depth weekly market report, interim updates and NFTRH+chart and trade ideas; or … Continue reading Junk & Short Junk, Bearish & Bullish (daily charts)