NDX: “Doom? What Doom?”

As we have noted since long before the COVID-19 crisis, Tech has been a firm leader. So too have general growth stocks been consistently leading so called* value stocks. Here is a monthly chart from NFTRH’s Market Internals segment telling a story of not only a long-term trend but even more importantly, an accelerated trend preceding and even more so during the 2020 crisis. The … Continue reading NDX: “Doom? What Doom?”

2 Questions About the Yield Curve

Is this the beginning of the re-steepening? If so, is it inflationary or deflationary?   Question #1 is going to resolve itself in due time. It’s either real or it is not. I’m guessing it is. Question #2 is brought to mind because this morning long-term Treasury yields are rising, copper is positive, the silver/gold ratio is positive and stocks are cheering again. In this … Continue reading 2 Questions About the Yield Curve

Head Spinning After a Tin Foil Adventure, Back to What I know: 3 Metallic Amigos

This morning I made the mistake of venturing out to the gold websites, where I found Mr. Clive – Man Who Stared at Charts in November and reversed a wildly bullish gold stance in favor of copper – Maund writing the most tin foil hat wearing piece I’ve ever read. Dude, you are one of… …at best, immersing yourself in the ‘global elites vs. the … Continue reading Head Spinning After a Tin Foil Adventure, Back to What I know: 3 Metallic Amigos