Pancake… err, Yellowcake is not distinguishing itself as the Uranium sector’s ignominy continues after not even participating in the recent global macro bounce-a-thon. Copper miners have failed the bounce along with the Economic Ph.D’d metal they toil and slave for. And here is the entirety of the Industrial Metals complex pancaking, and then some. Why, even Palladium is taking a crack from its near vertical … Continue reading Mineral/Metal Pancakes Anyone?
On January 24 we waved goodbye to 2.2% on the Continuum and today we wave goodbye to 2.1% and also the theoretical * support line. As per the NFTRH plan that linked long-term yields to inflation expectations and thus commodities and the whole of the inflation/reflation trades, the damn raft of them appears ** to be sinking, at least temporarily taking on water. * If … Continue reading There Goes 2.1% on the 30 Year Yield
In NFTRH 587 we anticipated perhaps one more drop and then a recovery off of the bearish engulfing candles in the main indexes and that is exactly what we got. Using NDX as an example the engulfing candle from last Friday worked to perfection. It foretold exactly one more bad day and then NDX reversed back upward to fill the gap down that was left. … Continue reading NFTRH; Stock Market & Precious Metals After the Projected Drop & Pop
