NFTRH 562’s Wrap Up segment, which is placed early in the report on page 3 but is written after the work is done, was per the screenshot below. The term “sell the news” popped up a few times in #562 and boy did those Algos ever hold true to form. It’s actually funny, in a robotic sort of way. Think like a machine, folks. I … Continue reading Sell. The. News!
 Spoiler… nothing new under the sun other than the last line they slipped in… “The Committee will conclude the reduction of its aggregate securities holdings in the System Open Market Account in August, two months earlier than previously indicated.” Okay Algos, you can take over now… Information received since the Federal Open Market Committee met in June indicates that the labor market remains strong … Continue reading Okay Speedreaders…
The suspense builds as Jerome Powell presides over a panel of foremost economic geniuses, people who know much more than you or I about how to relieve or increase pressure on a Keynesian debt economy as needed. People who know how to set it just right, much like Goldilocks’ porridge. People who either do not know or do not care that the system they regulate … Continue reading 3 Hrs, 20 Min. & 0 Seconds… Tension so Thick You Can Cut it w/ a Knife
Here are the daily and weekly futures charts for each Amigo (the cyclical Amigo, the counter-cyclical Amigo and the cross-dresser Amigo). We review these metals as the media schleps all over itself trying to tell people why the Fed will cut 1/4, will cut 1/2, should not cut at all and/or why the president of these United States of America is on Twitter haranguing the … Continue reading 3 Metallic Amigos, pre-FOMC
Because after all, nothing goes straight up and that includes this oh so important macro indicator. We’ve been noting in NFTRH the last couple weeks that the down sloping SMA 200 would be a logical place for a cool down. 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 … Continue reading Silver/Gold Ratio Continues to Work Off the Froth
Back to a full length report this week as I actually had a good slug of time this weekend. We’re on all the major themes as we barrel ahead to the great FOMC drama this week. 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 … Continue reading NFTRH 562 Out Now
As the ECB states… “Since 1999 the global gold market has developed considerably in terms of maturity, liquidity and investor base. The gold price has increased around five-fold over the same period. The signatories have not sold significant amounts of gold for nearly a decade, and central banks and other official institutions in general have become net buyers of gold.” As market matures central banks … Continue reading Why Have a Gold Sales Agreement if You’re Not Selling Gold?
Drone on man. Live on KEXP, it’s got unbelievable sound quality. This band is growing on me rapidly. Continue reading Check This Out… Wooden Shjips, Live
Just another reminder that as the media swing back and forth on the rate discussion the CME boyz are 100% on a cut for next week with 18% still betting on a .5% cut. Beyond that the probabilities for continued rate cutting increase through the balance of the year. Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) … Continue reading FOMC Rate Probabilities
I understand that multitudes of people still think information on the internet is and should be free; and vast volumes of information is free. Unfortunately, that includes a lot of opinions, bias and those horrible marketing gimmicks disguised as content served by things called Outbrained and Taboola. That “man who called the 2008 crash has a new prediction” type stuff. It’s pure marketing to the … Continue reading It bears repeating…
With US and global markets (including the senior Canadian index) generally under moderate pressure, commodity outliers like Uranium, REE and Lithium getting hammered, oil/energy already in the dumps and even silver taking a bit of a pullback, the CDNX is conspicuous in its firmness. Also, it’s not shown on this chart but AROON has flipped recently to a daily chart uptrend (although the intermediate & … Continue reading Da ‘V’ is Curiously Firm Today
 By the way, the featured image above is not a meme or doctored in any way. It’s actually a snap of Musk talking live somewhere. Any resemblance to an actual farm animal is purely coincidental. I have one short position currently (though I’d like to add more), and this is it. I don’t like the CEO because I don’t like big mouths or over … Continue reading Electric Pig Falls Back to Earth [w/ edit]
So this morning I bare for all the world to see my screw up with IRBT. Then I post about the Semis because… well, because they are a key cycle leader. Here are two portfolio members helping not only ease the pain after iRobot soiled itself (they can do that now), but helping give me a big up day (with more than a little help … Continue reading The Wonders of a Balanced Portfolio
On July 18th we had an NFTRH update (still pw protected) discussing the Semiconductor sector and secondarily, its implications for the gold sector. Those implications have to remain private for now because they are forward-looking and that is what the premium service does, among other things; it looks forward and creates rational pathways out ahead even as we manage the present in ways it needs … Continue reading Semi Bullish