NFTRH+; This Up Trending Remote Communications Software Company is Testing its Bull Pattern

We have been noting the bullish pattern in RNG lately and marveling (well, that was me marveling anyway) at the similarity to the pattern that DOCU put up in February-April (since hit target and I sold). RNG is declining now to hopefully test the top (neckline) of the pattern. The (orange dotted) EMA 20 is right there and the stock is firmly up trending by … Continue reading NFTRH+; This Up Trending Remote Communications Software Company is Testing its Bull Pattern

GaryMay 18, 2020June 7, 2020

NFTRH Interim Updates, NFTRH+

NFTRH+; This stock is breaking a trend line as it takes out the SMA 200

Of course breakouts of this kind fail on occasion. But this is a stock I’ve had a pretty good read on in the past and thought it worth a shot. The hat tip goes to subscriber Joe, who pointed it out to me earlier. For some reason (like human error) it had fallen off my watch list. The trends are down but GWPH is breaking … Continue reading NFTRH+; This stock is breaking a trend line as it takes out the SMA 200

GaryMay 18, 2020June 7, 2020

Inflation & Deflation, Market Indicators

Yield Curve Still in Steepening Stance

With bonds tanking today on the good cheer of a COVID-19 vaccine candidate and a Fed Chairman who claims to have limitless ways and means toward inflation, the modest steepening in the yield curve appears inflationary at the moment. Silver/Gold, TSX-V/TSX, etc. agree. Now, bounce or real with respect to inflation, eh Beuller? If it’s real, the Pigs* will likely break the downtrend vs. the … Continue reading Yield Curve Still in Steepening Stance

GaryMay 18, 2020May 18, 2020

Market Indicators, Precious Metals

Silver/Gold Ratio

The ratio between the silver price and the gold price is one of the two most important indicators (at least in my work) to the fate of the reflation rally that fiscal and monetary policy makers are trying to instigate. The other one was covered in an NFTRH update last week as it made its signal, and again in NFTRH 603 as it closed the … Continue reading Silver/Gold Ratio

GaryMay 18, 2020May 18, 2020

Precious Metals

MAG… nificent

It’s just one of many silver stocks making strong moves, but today’s burst in MAG breaks it through a resistance level, leaving only the August high to be taken out before it would target the 2016 high around 18. Disclosure: I own it. As for the metal itself, it seems to think it’s on its horse and has somewhere to go. At the very least, … Continue reading MAG… nificent

GaryMay 18, 2020May 18, 2020