“Trade Talk Hopes”
The theme has been that the trade war food fight (TWFF) in the macro cafeteria had periodically interrupted the S&P 500's drive to test its top, which it finally did…
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August 16, 2018
About Those Over Valued Medical Device Companies
I am still pissed that INGN proved me wrong and took my money. I'll get you... my pretty. An over valued pig if there ever was one. As noted earlier,…
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August 15, 2018
NFTRH; In-Day Market Signals (Priority: High)
Industrial Metals and Palladium are dropping vs. gold today. What is interesting is not so much that they are dropping but that they are dropping in relation to gold, which…
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August 15, 2018
2 Triangles Ascending to Blue Sky, Profits Taken
I've held MDT for months now and given the market view, it is time to raise cash and take the profit. It's a massive medical device company and that sector,…
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August 15, 2018
7-10yr Treasury Fund on the Verge
Last week we noted a potential Inverted H&S in the 7-10 year Treasury bond iShares. Today it is a step closer as it's pounding the neckline. Why do I care…
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August 15, 2018
NFTRH; Falling Into Place (Priority: Medium)
The title of the post is purposeful in that things are falling this morning. Stocks, yields, commodities and precious metals. And drops in stocks and commodities would be needed in…
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August 15, 2018
Sectors ‘vs. SPY’
Things are in motion and the USD and interest rates are playing their rolls in sector rotations, so why not get to our battling Spies a bit early this week?…
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August 14, 2018
Tim Does Bitcoin Scammer Altucher
You have seen me bitch and moan about this creep and the creepy ad companies disguised as real content that were praying upon gullible internet surfers late last year. James…
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August 14, 2018
Pre-Market: US & Global Stocks, USD, Yields & Gold (Priority: High)
US Stocks Pre-market indicates that stocks are poised to take back yesterday's losses and this is in keeping with our short-term theme that the market is not just going to…
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August 14, 2018
Gold Miners: Volume Pukage Begins
Notice I wrote "begins" in the title. Today was the first real day of regurgitation with conviction. Long-term support levels are going out the window and that is great, if…
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August 13, 2018
Japanese Yen Sneaks Upward, Leaves Gold Behind for Now
Yen is sneaking above the SMA 50 to a new short-term high above the July high. Yen and gold had spent much of the last few years as bedfellows, but…
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August 13, 2018
About Those Gold Fundamentals
Ref. Steve Saville's post at Biiwii this morning... Gold: Bearish Fundamentals, Bullish Sentiment The fundamental stew for gold, like lots of other market indicators, has a lot cross-talk, noise and…
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August 13, 2018
NFTRH 512 Out Now
Of course I will say it is a good and helpful report because I worked all weekend on it, I feel this service is the best of its kind, hands…
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August 12, 2018
Tin Soldier By Small Faces… Check it Out
What a voice Steve Marriott had. So soulful. Steve and Ronnie Lane died way before their time in the 90s. I think the Black Crows and Paul Weller among many…
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August 10, 2018