Q: Semi Equipment Leadership; Just Ugly or Something Worse? A: It was Something Worse

I have so many charts that I use for NFTRH’s Market Internals segment that I have had to start a new system, color coding the various internals indicators thusly… As you can see by the yellow highlights, I try to get a couple of charts in there each week as well. Anyway, here is a chart we began using back in Q4 2017 after I … Continue reading Q: Semi Equipment Leadership; Just Ugly or Something Worse? A: It was Something Worse

TSI Flips Amigo #1 Over, Concludes No Gold Bull, Yet

In a post this morning Steve Saville flips the SPX/Gold (Amigo #1) ratio over and applies the 200 week simple moving average to it (Gold/SPX). Posted over at Biiwii is the full article, which I recommend: No Confirmation of a Gold Bull Market, Yet “That’s where the gold/SPX ratio comes in. Gold and the world’s most important equity index are effectively at opposite ends of … Continue reading TSI Flips Amigo #1 Over, Concludes No Gold Bull, Yet