alice

NFTRH; GDX In-Day View w/ 30 min. Chart (med. priority)

In yesterday’s update we discussed HUI’s acquisition of the 170 target. Personally, I also discussed wanting to be careful about trading myself out of a potential bull market. Still, profit taking is allowed and many people are traders, including day traders, so here is a little in-day management (to be tuned out by investors who are resolved toward an extended bull market). GDX has pulled … Continue reading NFTRH; GDX In-Day View w/ 30 min. Chart (med. priority)

2-Year Yield Pushes Back, Supports US Dollar Today

Here is the 2yr yield on a bounce today but still below the down-crossed SMAs 50 & 200. And here is USD taking a bit of a bounce (not surprisingly from its SMA 200) against this week’s prevailing hype, which is of course that Powell folded like a cheap tent in order to weaken the currency and appease the president and/or Wall Street. I’ll tell … Continue reading 2-Year Yield Pushes Back, Supports US Dollar Today

Baltic Dry Index Caves In

We follow this one each week in NFTRH’s Global Market Internals segment. When I was noting the curious positive price divergence (most recent spike) by this shipping cost index to global stocks and commodities in Q4 an astute subscriber advised that this was likely due to shippers front-loading their shipments before trade tariffs would kick in. So we expected January to be bad as the … Continue reading Baltic Dry Index Caves In