Macro Implications, as Silver Takes Leadership From Gold

Since we noted the initial move to break the 200 day moving average – and at least temporarily break the downtrend on August 27th – the Silver/Gold ratio (SLV/GLD) has held its breakout, looking to close the week and the month of August on a signal that we have long anticipated. Okay, but the monthly chart of the Silver/Gold ratio makes abundantly clear that nothing … Continue reading Macro Implications, as Silver Takes Leadership From Gold

The Most Boring Company in the World? Err, Not So Much Now

Back on June 19th we had an NFTRH+ update on Campbell Soup (CPB). In it we noted that it was grinding out a trend change. So many times did this goofy consumer staple then go on to test and grind the SMA 50 and so many times did I just ignore and hold it as long as the trend remained up. Today? Something is spiking … Continue reading The Most Boring Company in the World? Err, Not So Much Now