USD index found long-term lateral support as did its pairings with the usual suspects. We noted this support months ago and there is nothing surprising here. But Uncle Buck has…
This monthly chart of the Euro STOXX 50 failed to make a higher high in 2017 and has held below trend lines from 2000 and 2007; two very important global…
The GDX/COPX ratio has broken above the 50 & 200 day moving averages and is still going, despite gold's ignominious state at the moment. Here's what gold (GLD) looks like…
Just a note from your friendly Macro Tourist that June 30th is another big QT bond maturity day. Kevin Muir recounts the implications here... Mark It On Your Calendars Subscribe…
As posted over at SeekingAlpha. I really don't want to get too much into individual stock management here at my site. Best to do that where all the world's best…
As noted in the previous (public) post, the VIX looks bullish and does not seem in line with a resumed stock market rally scenario. That can change in an instant,…
While the S&P 500 is still technically holding its uptrend from the April 2nd low, the VIX is sporting a bullish look. That backed me off a bit as I…
USD was in a very good contrary sentiment position into late January, as the global anti-USD inflation trades ripped higher and USD dropped. It then flattened out and formed a…
Unlike the Surgical Robot guys spinning our heads with science fiction as reality, unlike the purer play implantable valve and stent guys, unlike the implantable tissue guys... all with valuations…
Now that everyone seems to hate or at least have moved on from the precious metals, let's take a closer look. This morning I made a simple post about gold…
If you have read me - for all the good, even brilliant (ha ha ha), bad and boorish that has entailed - over the years you know I am not…
The title quote was found written on a chart of gold at Bloomberg, referring to the daily chart's cross of the 50 day moving average below the 200 day moving…
I am short this medical "device" company not because of its chart, which is finally starting to at least give a hint of negativity... ...but because of its valuation, especially…
None other than "BOND KING" Bill Gross was served up on a platter (along with side orders of Dalio, Tudor Jones and Gundlach) for mainstream financial media readers to consume.…