valuation charts)

Folks, there is nothing happening now that does not ring a bullish alarm to me other than the nominal prices of the indexes and ETFs. You may recall that I started off the correction from the summer highs back in September/October talking about a potential pullback to 170-180 to test support and fill a gap all at the same time. You may also recall I … Continue reading NFTRH; Let’s talk about the Gold Miners (w/ macro funda/valuation charts)

GaryMarch 11, 2020April 26, 2020

Stock Market, US

SPX big picture monthly view

Here is how we have been viewing the situation in the S&P 500. For months now (since October and/or November when SPX hopped the Bull Turnstile) and as SPX climbed to and through all of the NFTRH targets but the last one (3200, 3300 & 3500 at an extreme) we managed those targets while noting the disgustingly over-bullish risk profile. In December (NFTRH 582) a … Continue reading SPX big picture monthly view

GaryMarch 11, 2020March 11, 2020

NFTRH Interim Updates

NFTRH; SPX weekly and daily charts updated

The roller coaster ride continues as SPX projects to give back a good chunk of its reversal gain yesterday. The weekly chart shows the status of the projected open back below a resistance area that it tried to take back yesterday. While market corrections tend to be faster and more violent than rallies, which often grind upward, they don’t just end conveniently when casino patrons’ … Continue reading NFTRH; SPX weekly and daily charts updated

GaryMarch 11, 2020April 26, 2020