You Have to Invite the Vampire Into Your House

A vampire needs to be invited in order to enter your house. So the story goes. But in this case, we are talking about the Macro house, with its nexus in the USA and its Central Bank. You see, the Federal Reserve inflates money supplies as a matter of doing business, which is why I noted so strenuously in Q4 2018 that Jerome Powell’s then-hawkish … Continue reading You Have to Invite the Vampire Into Your House

Gold… Not That You Needed Me to Tell You This, but…

The daily futures chart is breaking the top wedge line that was created after the previous false breakout above the SMA 50. Apparently there is this bull in a China, Europe, Mexico shop and that bull is breaking things. Apparently the pressure is building on the Fed (through said bull and tanking interest rates) to try to mitigate the fallout damage. Apparently gold senses something. … Continue reading Gold… Not That You Needed Me to Tell You This, but…

nftrh plus

NFTRH+; a Short Setup in a Tech Dinosaur

A daily chart short setup has presented itself on IBM. The 200 day average has acted like a neckline of sorts (sort of like one of the options we have for the S&P 500) to a bearish looking short-term pattern. What’s cool about this is that if the short works, the measured target of the pattern is 120, which also happens to be a gap … Continue reading NFTRH+; a Short Setup in a Tech Dinosaur

vs. Gold

Just another update on the view of cyclical and/or risk ‘on’ items vs. relatively counter-cyclical (and risk ‘off’) gold. Draw your conclusions as you will using the proximity of the ratios to the 50 and 200 day moving averages, the moving averages’ trends and the RSI. SPY vs. GLD ACWX vs. GLD DBC vs. GLD USO vs. GLD DBB vs. GLD Last but never least, … Continue reading vs. Gold

IKN on Anger and the “State of the Mining Industry”

So February comes around (with HUI at a long-held NFTRH target by the way) and I complain about the golden bull horns mustering the troops onto the Au 3000 Express and then recap with gold sentiment lesson #3000. I become nonplussed when those clowns jump to the front of a parade that is already in full march to the promised land and try to promote … Continue reading IKN on Anger and the “State of the Mining Industry”

The Inflated Sub is Losing Pressure

The charts are super interesting to look at. How quickly things turn, as if on a dime. 2018 featured a break above the Continuum’s limiter and folks, you and I were not the only ones who saw that and uttered “ruh roh!”; the Fed was well aware of the inflationary implication. Here’s the flip side of the yield (the 30yr bond) for your viewing pleasure. … Continue reading The Inflated Sub is Losing Pressure

NFTRH 553 Out Now

Once again the screenshot scratches the surface… Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. You can also keep up to date with actionable public content at by using the email form on the right sidebar and get even more … Continue reading NFTRH 553 Out Now

I Took My SOXX Off

I took my SOXX short off, that is. The gain was 8% on an index ETF and that is good enough as the chart hammers at the 200 day average. It was bought not long ago per this Trade Log entry… 5.16.19: Buy oversold TGT on drop to perceived support for some domestic Retail exposure. Buy ‘value’ stock GILD as it turns around with all … Continue reading I Took My SOXX Off