It’s a pattern and that is the caveat. We TAs see them and get very very excited. After being long the Cube out of the late March low I am now short. Pardon me if I don’t get overly excited; with Apple earnings coming up, the whole world expecting poor iPhone 10 sales and the Semi index teetering. There is an element of a bearish … Continue reading QQQ Looking Ever More Right Shouldery
Okay, so using Mark at IKN as an example and a guide I am going to try to actually be on Twitter when time allows (ha ha ha, but still… ). I have been using the platform as something of a dumb, automated tool to put posts from this site and Biiwii out there to a wider public. But it’s funny, I saw a reply … Continue reading Tweet Tweet
Much like the Industrial Metals in general, the copper miners (COPX) are in a post-2015 uptrend. That uptrend can break at any time but the trend being the trend, if you are a copper or industrial metals (or inflationary economy) bull, I thought I’d present this view of COPX in a Symmetrical Triangle. It can be used 2 ways. For someone holding due to the … Continue reading NFTRH+; Copper Miners
The Medical Device sector is and has been our (NFTRH’s) favored sector for what is now years. And though I am a chart jockey, it is not only for technical reasons. As a former manufacturing guy with a customer base full of these companies (directly and indirectly Boston Scientific, Intuitive Surgical, Abbott Labs, GE Medical, Waters and more) I know that the sector has historically … Continue reading A Picture Perfect Ascending Triangle Breakout in a Near Picture Perfect Sector
With gold testing its 200 day moving average this morning I thought I’d reproduce the first part of the precious metals segment from week’s Notes From the Rabbit Hole (NFTRH 497), including a daily chart of gold at the end showing the anticipated SMA 200 test. [edit] Steve Saville updates gold’s ‘true fundamentals’ here. Notice at the end what is not considered fundamentally material. Precious … Continue reading A Gold Sector Fundamental View (incl. edit)
