We can be sure by now that the sentiment that got so over bullish in February has been cleaned up. While it was not real analysis we used to decry…
Today on The Men Who Stare at Charts we note the case of a man who got taken out of his position in ITA by his own chart-staring eyes. This…
In other words, an indicator pitting Consumer Discretionary vs. Staples is making a move for market bulls. Was today an April fools joke? If not, an indicator that usually goes…
All I can do is advise what the charts say at any given time. What this one says is that my original downside target is in jeopardy as long as…
The headline says it all (click for the story)... This is fine because one of our major themes - assuming we do not go full blown counter-cyclical here in the…
As usual I point you to the bullet points below, which barely even scratch the surface of the surface of the story but which at least outline where we go…
![Read more about the article [US Sectors] vs. SPY](https://i0.wp.com/nftrh.com/wp-content/uploads/2016/04/spyvspy-e1488289412295.png?fit=244%2C135&ssl=1)
Time for a look at our 'vs. SPY' sector views, using weekly charts today. These tell the longer-term trends of the various sectors in relation to the S&P 500 AKA…
Okay, now I am getting geeked out. One of the most fun and rare times in what I do is when something big happens that I feel in my gut…
Gold is exploding off the lows... in ratio to Palladium. That is not good macro signaling for the risk 'on' contingent and it is not good for the Palladium bubble…
I have to hit the road today for most of the day. But a little note here as USD is firm and gold is getting dropped because, well, GDP was…
We already know a big fundamental input. USD is losing the support of a formerly hawkish Fed. The Fed's tight stance had kept commodities and global markets (esp. EM) contained…
Because why not? The inverse of our old friend Amigo #1 (SPX/Gold ratio) is a primary macro indicator, after all. When last we looked at SPY/GLD we noted a less…
Before I begin this post I'll note that my largest position is a short on SPY, but my overall positioning in US and global stocks is decidedly long. So if/as…
