The chart tells you why it was time for me at least, to take a nice profit on this up trending and bullish stock. They say don’t be greedy. So I will listen to them. Subscribe to NFTRH Premium (monthly at USD $35.00 or a discounted yearly at USD $365.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup … Continue reading A Reluctant Goodbye to ASML
I could be wrong, but based on my recollection the wise guys were predicting even higher odds of a rate cut prior to this latest reading. I seem to recall rate cut probabilities for the September meeting being on the order of 10-12% higher than the current 86%. What could have changed? Well, there’s the reflationary mini-bounce in progress, shown here as manifested in the … Continue reading 10yr Yields, CESI and the Run Up to FOMC
Look at this chart. Does it not look similar to so many other bounce-a-thon participants right now? Now read the symbol. It’s the Yen tracker flipped over. As the Yen has pulled back within an intermediate uptrend (and it’s inverse bounces within its downtrend) the other stuff has bounced. I just think it is interesting and another marker that is logical to this moment in … Continue reading Another View of the Global Reflationary Bounce…
It’s possible that silver is getting on its horse right now. Here’s the 5 day silver price futures. And here is the weekly silver price futures, which lends definition to the red line on the chart above. Take out/hold 18.67 and it’s probably off to the 2016 high and a new bull market place holder above it. Remain below and what is a normal – … Continue reading Silver Bullet Rides Again?