Look Who’s Dropping as the Herds Rush to Risk ‘Off’

Why, it’s the 30yr Treasury yield, right on cue… Bond Bears Next to Get Clobbered? Okay easy now. It’s just a pullback, I get that. But the point of yesterday’s post was… So the Continuum above is breaking out in-month. Maybe this time it’ll be different. I don’t control the markets; I just read their signals. But then again, maybe this time it won’t be … Continue reading Look Who’s Dropping as the Herds Rush to Risk ‘Off’

The Men Who Stare at Charts… “Traders are glued to a key level on the charts”

This week on The Men Who Stare at Charts I crack myself up. That is because this man who stares at charts stared at the chart of SPY this morning and noted… SPY is hammering above the SMA 200, which of course everyone sees. In fact, the Men Who Stare At Charts are advising their herds of it at this very moment. And wouldn’t you … Continue reading The Men Who Stare at Charts… “Traders are glued to a key level on the charts”

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NFTRH Update; The Process Begins… US Stocks & Gold Sector (high priority)

Okay, so the stock market cracked. We will look at daily charts of SPX, INDU, NDX and SOX to update the status and see what might be directly ahead. Of more importance is that it is time to geek out on the macro and with that, note the backdrop for gold and the miners. Let’s get to an update on these two items. SPX weekly … Continue reading NFTRH Update; The Process Begins… US Stocks & Gold Sector (high priority)