I get so carried away with indicators and ratios that sometimes I forget to just take a look at the simple stuff. Well, here is some simple stuff. The US Dollar index (daily) is in an unpleasant pattern, testing short-term support and the SMA 200. We (NFTRH) have kept that lower low to the June 2019 low on radar ever since it was made because … Continue reading Uncle Buck, Do or Die
The 10-2yr yield curve continues to be elevated this morning. Its recent history is of an inversion that the media touted heavily as some sort of Armageddon warning late last summer, the predictable rebound out of that, and with the coming of the COVID-19 crisis, a new steepening. It then consolidated and recently broke consolidation. From CNBC w/ my markups. A steepening yield curve can … Continue reading Yield Curve Status & Implication
