A not so well known song but one of my favorite songs. It’s called Upwards at 45° and that is what the song is to me, a thing with no chorus, no bridge, no ‘B’ parts. Just a verse going forward and upward, adding layers, changing instrumentation, getting weirder and weirder until it gains escape velocity and leaves the Earth’s gravitational pull. That’s how this … Continue reading Upwards at 45 Degrees – Julian Cope
Haemonetics provides automated blood collection devices and services. In taking a quick look I did not find much that told me why I should be bullish on the stocks. Revenue growth appears pedestrian and valuation is not compelling. Ah, but NFTRH+ only knows and cares about charts. Today HAE is trying to break through clear resistance after taking out the 50 day average. RSI is … Continue reading NFTRH+; A Medical company in a nice setup
If the Gold/Silver ratio’s bull flag turns out to have been a good forward indicator on a failure of the inflation trades as well as another correction in the broad markets, don’t say you weren’t warned. The warning is not by me. I am just another casino patron trying to decipher a range of indicators. The warning is directly from the technical stance of an … Continue reading Gold/Silver Ratio: “Slowly I [continue to] Turn”
A simple update for gold bugs. As reviewed, the pattern measures to around 1940. That is not a prediction, it is a measurement in play as long as the pattern is not broken. With this morning’s test of the pattern’s neckline support, it is not broken. Hence, the target remains the objective. Beyond that, gold can drop to 1624 to test the SMA 50 and … Continue reading NFTRH; Daily chart of Gold futures
