Precarious Energy Sector

For me - and NFTRH in general - Energy has been an 'avoid' all year. Currently, XLE is on a daily chart breakdown that it tried and failed to remedy…

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Bounce… Now What?

I have been expecting a market bounce for longer than has been convenient. What I mean by that is that this curmudgeonly trader who does not enjoy day trading up,…

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NFTRH 527 Out Now

Rather than embedding it in the Market Internals (the ship's rudder) segment we extract bond market indicators and give them their own segment, strangely enough called Bond Market. :-) Seriously,…

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The Gold/Oil Ratio Has Something To Say

See? I told you... A gold miner fundamental consideration has a very different Q4 from Q3. Now, taking into consideration that it is almost ritual for inflationist gold bugs to…

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“Oil Prices Getting Lower. Great!”

The tweet says it all. A problem with the president's logic is that crude oil is part of the cyclical, risk 'on' macro amalgam. The Saudis did not decide to…

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Trump Bullies Powell, Scapegoating is Page 1 of the Playbook

He's no longer pumping the faithful drones on Twitter, talking about Democrats selling stocks and leaving the buying to good Americans. He's no longer taking credit for the big bull…

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Gold “Community” Crickets

I can only conclude that the gold "community" is so quiet right now and has been so quiet in the run up to right now because their favored views -…

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Watch the Damn 2 Year Yield

We have had several indicators swinging bearish but a big holdout has been the 2 year Treasury yield's signal that the Fed had not yet gotten ahead of itself. Here…

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