US now finds itself on outside of two massive Asia-Pacific blocs From Nikkei Asia: Five RCEP takeaways: Asia cements grip as free trade torchbearer In my opinion at exactly the…
Because after all, people bought gold because COVID-19 was lurking over the world's shoulder with no pandemic relief in sight. Right? So after the knee jerking machines' do their thing,…
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From NFTRH 628: Ma & Pa got a little peppy even before the late week bull fest. Maybe an eventual spike to 2 could be a warning sign. Well, Ma…
Back on August 26 I asked Am I Topping? Thankfully so far, the answer is yes, but... that top was the prelude to an equal parts boring and aggravating consolidation…
From Sentimentrader (which I recommend for anyone who wants to keep closer tabs on market sentiment and some Quant-like data) comes this interesting study on the gold miners. The number…
No it isn't. The promoters of the next inflation problem are hard at work and one month's twitch in a southerly direction will only serve to keep them hard at…
Today is a bit of an anti-inflation, anti-value, pro-growth whiff as Tech stocks out-perform and long-term yields (but not the dogged yield curve) back off a bit. Also, there is…
I have little doubt this is going to fail as all other inflationary operations have done. It will either fail here in 2020 as a balls out good try by…
I have been noting that the HUI/SPX ratio can lose the SMA 200 and still be okay as long as it makes a higher low to June, a loss of…
Yesterday we noted 3 sectors very interested in and benefiting from the cyclicality of rising long-term Treasury yields for a day at least. But what if the move is real,…
RINF (inflation expectations gauge) is aligned with the view that markets are rotating, not ending. And that rotation, as of now at least, appears to be toward the cyclicals (and…
Broad Markets As noted this morning to subscriber R.D. who emailed talking about the rotation to value and how it appeared machine driven. R.D.... It does seem obvious to me…
Today came the happy - and inevitable - news. Some day on the horizon this effing virus is going to stop hanging over our shoulders. Some sectors especially appreciated the…