March Payrolls +103,000 vs. Expected 170,000

Needless to say, the headline does not look good. Click the graphic, get the full BLS report. Initial knee jerk is that stock market and USD don't like and gold…

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No Shorting TSLA Today

At the prompt of an NFTRH subscriber, I took a look at TSLA's chart having popped all the way back to resistance, and attempted to short it. No shares available…

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NFTRH; Metallic Indicators Updated

It's the metallic indicators again, doggedly refusing to negate their bearish turn. Thanks to subscriber Joe for giving me the heads up on this. The first part of my day…

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Beware Uncle Buck

We have not checked in on the US dollar for a while, other than as part of last week's monthly 'big picture' post showing Uncle Buck at long-term support. Here…

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All Too Predictable

The markets are still in short-term downtrends, but this morning's gap down on the China news was a setup. I sold no longs (and also covered no shorts) but added…

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A Little Advice Amid the Turmoil

Let the stock market's technicals be your guide amid the volatility. Don't let the media rattle you as this man with a playbook from the 1970s does his thing. SPX…

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vs. SPY, Global Edition

A look at some daily charts of global markets/ETFs vs. SPX/SPY. Same rules apply as with the US sectors; it's not TA, it's a gauge of relative trend. In this…

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Gold and the Yield Curve

As you can see by the chart in Callum's post, gold and real yields have gone their separate ways. Is this to the detriment of gold? Is it a divergence…

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Gold and Real Yields

Callum Thomas has another one of his macro charts that tells a story. In this case the story has the potential to see a sub-1000 gold price. To be sure,…

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“This is extremely dangerous to our Democracy”

By way of my virtual friend Tim at Slope of Hope, behold this mix of comedy and horror. Makes my skin crawl and makes me want to laugh and cry…

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Here is Who is Not in Trouble: QQQ

See, the chart below says so. It says 'higher highs and higher lows' intact, despite Trump, Amazon and the death of big Tech. Anyway, QQQ could easily go in the…

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Healthcare ETF in Trouble

The general Healthcare ETF (BioPharma, Medical Device/Equipment and services of all kinds) is in trouble. I am not short the ETF, but I am short one of its largest components,…

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