Gold in Global Currencies
They say a real gold bull market sees gold rising in all major currencies. The basket of items in the USD bear fund UDN fits the bill in giving a…
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January 31, 2019
NFTRH; HUI Dings Technical Target, Now What? (high priority)
Today it is official. HUI poked 170 for the first time since we began this grinding process several months ago. And unlike the majority of the rally from the September…
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January 31, 2019
NFTRH+; Energy
Ref. the bullish bounce pattern in crude oil we noted in NFTRH 536. The target for WTI crude is around 60 (oil is currently around 54). So assuming that the…
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January 31, 2019
Key Area for VIX
Would you say that the area of the 200 day moving average is a key level for VIX (and the bear case) to hold? Yeah, me too. Subscribe to NFTRH…
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January 31, 2019
Macro Tourist Outdoes Himself, Explains MMT (coming to an election near you)
I mean really, check this out from Kevin Muir. Everything You Wanted to Know About MMT (but were afraid to ask) MMT sounds to me like just another cult. In fact,…
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January 31, 2019
Counter-Cyclical Winds Blow, Gold Miners Front and Center
As the stock market cracked on October 10th we noted... Looks Who’s Holding Firm Amid the Carnage; the Gold Miners And sure enough the GDX bottoming pattern noted in that…
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January 31, 2019
The Fed Decides!
No, the 2 year yield decided. There is a guy blabbing on and on about "why do we have such a dovish Fed?" with such a good economy. These guys…
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January 30, 2019
Take SIMO Profit for Same General Reason as AAPL
So many stock prices were so beaten down, in the short-term there was nowhere left to go but up. That's what bounce buying is I guess. SIMO was added around…
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January 30, 2019
A Talky Bond Yield Chart With a Story to Tell
It's our old friend the 2 year yield and its relationship to the S&P 500. The last time we checked in with this chart we noted that there was not…
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January 30, 2019
‘Bounce’ Profit on AAPL
Per the Trade Log... Take AH profit on AAPL as it bounces (post-earnings) to SMA 50, which was general target area as noted in NFTRH 536. With my fantastic artistic…
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January 29, 2019
Meanwhile, Over in the Gold Mining Patch
I think I over compensate against my personal dislike of the gold sector's various perma marketeers and promoters, not posting as much publicly about the sector as I do about…
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January 29, 2019
“Cheap China”
According to Callum Thomas... Trump has helped make China A-share valuations great again (cheap again). Back on January 23rd I posted publicly a couple of NFTRH+ ideas that had been…
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January 29, 2019
Uncle Buck, Daily & Monthly Charts…
The rally from the lows of a year ago was an impulsive move up and then a labored series of higher highs and an as yet unconfirmed higher low (black…
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January 29, 2019
Market Week Ahead
Earnings start to kick in (with Caterpillar and Apple in the spotlight) and the media are telling us all about everything under the sun as usual. Bloomberg for example... The…
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January 28, 2019