The Silver/Gold ratio (SGR) indicated an inflation bounce when silver tanked key long-term support at 14, reversed to close March back above it (potentially screwing deflationists not mention silver bears) and has propelled the SGR into a bounce, giving other inflation signals license to do the same. Here is the TIP/TLT ratio bouncing above the EMA 20. Trend is obviously down. Here is a more … Continue reading Inflationary flicker
With reference to the vigorous bounce in the Energy sector (plus 7% today after yesterday’s rise)… NFTRH had this to say in an impromptu Energy segment over the weekend in NFTRH 597. Eating my own cooking, I have positions in XLE, CVX and XOM. [edit] Profit taken on XOM, w/ XLE & CVX still held. [edit 2] and CVX makes two, given stock market’s increasing … Continue reading NFTRH eats its own cooking with Energy [w/ edits]
Just another Silver/Gold ratio post with no further words necessary. 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 ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar and get … Continue reading Silver/Gold Ratio
Below is a larger version of the daily chart posted in yesterday’s TL Notes. Since SPX closed above the EMA 20 it has opened up the potential of something I have suspected, which is for a bounce that really screws with the shorts (just ask my weekend hedge positions) and FOMOs the bulls enough to get many of them back in the market, thinking the … Continue reading NFTRH; a road map for SPX
