Hey, Look Who Held Serve Today

Why, it was the NDX/SPX ratio, AKA the market leader holding its leadership trend. Just a week ago the mainstream financial media were urging caution on Tech and offering ideas for debt addled value type stocks. But the ratio did not even test its rising 50 day average before tacking on 2% today. Leadership is intact and was intact last week as noted when the … Continue reading Hey, Look Who Held Serve Today

NFTRH+; Silver/Gold Ratio Targets (a reminder)

A review of targets we’ve already covered for the Silver/Gold ratio (SGR) now that nominal silver is breaking resistance and gaining notoriety among a wider array of casino patrons. To review, a rising SGR indicates inflationary spirits rising and is positive for precious metals, commodities and resources, and generally benign for stocks. Daily SGR is approaching a lateral congestion area and the channel top after … Continue reading NFTRH+; Silver/Gold Ratio Targets (a reminder)

dvax

DVAX Position Halved as Casino Patrons Take Over

I’ve already taken one partial profit on what was supposed to be a long-term hold for the commercialization of its Hepatitis vaccine. But then the remaining position grew too large again, especially considering that my boring long-term vaccine investment has gotten all caught up with some seedy characters. “Coronavirus Vaccine stock”? Really? Some automated TA outfit is guiding casino patrons on this Coronavirus stock. I … Continue reading DVAX Position Halved as Casino Patrons Take Over

NFTRH+; The Progression in Silver

This morning’s futures chart (daily) shows silver clearly taking out the minor resistance of the 2019 high. If the breakout is real (i.e. not a bull trap head fake) the next objective is the 2016 high of 21.23, otherwise known as the cyclical bull market gateway. If silver gets through the gateway the pattern’s measurement of 24-26 would be the next objective. Notice on the … Continue reading NFTRH+; The Progression in Silver