Gold CoT Saw the Goons Assembled…

…and ready to strike as of Tuesday the 24th. They amassed heavy open interest and pressed the net shorts into the week’s high, which was not so coincidentally the day before the “hit” that some will sell as conspiracy. Open interest, net spec longs and net commercial shorts all hit their highs for the move before the pullback. It was just time, folks. All this … Continue reading Gold CoT Saw the Goons Assembled…

1st Confirmed Subscriber Quits Over My Supposed “Political Bias” [w/ edit]

[edit] Make that 2nd confirmed… a gentleman quit many years ago after I made fun of Sarah Palin. I say confirmed, because I am sure I’ve lost people in the past due to my political content or other such opinionated writing*, but just didn’t know it. This gentleman took the time to write me a note. While I am not seeking permission to reproduce it, … Continue reading 1st Confirmed Subscriber Quits Over My Supposed “Political Bias” [w/ edit]

AMZN… Check Out the Bullish Inverted H&S!

Complete with rising volume on the breakout (neckline not shown, but it’s broken). Oh wait, never mind. It appears I inadvertently turned the chart upside down. Here, let me fix it. Look at that weak-ass right shoulder. 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 … Continue reading AMZN… Check Out the Bullish Inverted H&S!

To Trump Supporters Who Are Also Investors…

Happy now? Well congratulations, if the reports are true Trump is now trying to take over free market forces with protectionism going steroidal. I hold BABA and so I am doubly irritated by this. But those investors emailing me to ease up on Trump because of all the good he’s done might just want to consider the bad he’s doing as well. Stock market hits … Continue reading To Trump Supporters Who Are Also Investors…

alice

NFTRH; Downside Targeting Updated for Silver & HUI

Silver has pulled back to a 38% Fib, the SMA 50 and a lateral support shelf on the daily chart. Good work. The weekly chart shows that area to be notable support from a longer-term perspective as well. But it also shows the model we used from 2016 as to what the first real short-term correction might look like. Silver has pulled back significantly from … Continue reading NFTRH; Downside Targeting Updated for Silver & HUI

Silver/Gold Ratio is a Guide as Inflation Signals Fade Again

The interplay between gold and silver is a critical component to understanding what is out ahead; to understanding whether long-term Treasury yields will rise and if they rise, whether it will be due to inflationary pressures. It is a critical component to understanding whether cyclical commodities and other aspects of a greater inflation/reflation trade will finally break existing downtrends. See… The Continuum is Still in … Continue reading Silver/Gold Ratio is a Guide as Inflation Signals Fade Again