NFTRH+; a Global Semiconductor Company in a Setup

With word back in April that Apple may be partnering with TSMC (replacing Intel) to make its chips, and with news that TSM is building a plant in Arizona for that purpose among others, TSM has been on the edge of my mind. So much so that I added it today as it has bull flagged down to short-term support and the moving averages. Those … Continue reading NFTRH+; a Global Semiconductor Company in a Setup

NFTRH+; An Important Target is Registered

It’s nothing we have not been expecting for some time now, but the Silver/Gold ratio (SGR) is bonking its head right into the target zone today. Personally, I am a little nervous because gains are coming from all around and it seems too easy, which of course is how things would feel for an extended period if the SGR is able to break through here … Continue reading NFTRH+; An Important Target is Registered

NFTRH+; Silver Futures, Daily, Weekly & Monthly

The Silver/Gold ratio is still ramming upward along with its reflationary companion the CDNX/TSX ratio. We noted the near-term bullishness and the cautions therein in updates last week and in NFTRH 605. But let’s take a look at nominal silver. The daily chart shows that it has come to the level of the previous three highs around 18.90. Must it stop here? Well, it is … Continue reading NFTRH+; Silver Futures, Daily, Weekly & Monthly

coppertube

Dr. Copper Continues Upward From a Bull Flag, Trends Remain Down

Policy makers are trying to manufacture is a cyclical inflation. A prime indicator to the success of such operations would be bullish copper. Now it gets interesting as the good Doctor continues up and out of the latest short-term bull flag on his date with resistance beginning at 2.50 (after which comes the down sloped SMA 200 at 2.55 and lateral resistance at 2.62). I’ll … Continue reading Dr. Copper Continues Upward From a Bull Flag, Trends Remain Down