Yearly Archives: 2020

Stock Market, US

NFTRH; SPX… where we are at

SPX monthly has put a long tail on its candle that had poked down below 2200. The best correction target is the 50% Fib at 2030 to the 2100 support…

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March 27, 2020

NFTRH Interim Updates

NFTRH; HUI daily and weekly chart views to what’s ahead

From the last update on Tuesday... Indeed, I wonder if that was not a solid A-B-C correction. But HUI needs to take out resistance and the moving averages in order…

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March 26, 2020

Market Indicators

vs. SPY

An inter-market view of a few sectors and markets... vs. SPY. What is important here is not to look at these charts like a TA would look at a nominal…

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March 26, 2020

Misc

I love New York [w/ edit]

Seriously, I have come to love the city over the last few years of traveling back and forth on occasion as my daughter has lived and studied her musical crafts…

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March 25, 2020

NFTRH Interim Updates

NFTRH; Silver/Gold ratio, Copper, 3 charts of Silver & HUI

My view is that we are going to exit the deflation scare in favor of an inflationary/stagflationary future. Monetary and Fiscal policy bombs say so. The Fed's printing of funny…

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March 24, 2020

Stock Market, US

SPX monthly ‘unfinished business’ chart updated

Just yesterday we noted that SPX had dinged the 2100s. Long ago my target for a real correction had been 2100-2200, more recently updated to 2030-2100. But that revision would…

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March 24, 2020

Politics

Trump and the economy [w/ edit]

[edit] A friend is concerned about Trump opening a door to a new stigmatization of the elderly among the red hats. That, like the green new deal, is something for…

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March 24, 2020

Precious Metals

Silver is at an absolutely critical juncture right now

Gold futures are up and silver futures are up bigger. So the Silver/Gold ratio is still playing ball tonight by keeping its bounce going. But nominal silver has work to…

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March 23, 2020

NFTRH

Clarification on a friend’s recommendation [w/ edit]

[edit] Ha ha ha, a subscriber chimes in that in following my advice (and not my trades) he's up 20% in 2020. Perfect! I made sure I took enough of…

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March 23, 2020

Market Indicators / Precious Metals

Silver and Gold up, but Silver/Gold is key

The silver price and gold price are both up big today in response to the Fed's QE announcement. Obviously the sector is doing well today. But for the wider macro,…

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March 23, 2020

Stock Market, US

SPX ticks to 2100s: monthly ‘unfinished downside business’ chart

This is a no man's land if I've ever seen one. SPX is dwelling there below the 38% retrace level and above the 50%. It has finally ticked the 2100s…

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March 23, 2020

Federal Reserve

QE up, Yield Curve down

While we await the final details of the fiscal policy panic from government, the Fed announced unlimited QE in its monetary policy panic. I am not using the words "panic"…

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March 23, 2020

NFTRH Interim Updates

NFTRH; and on cue, the package

Before the update I want to make a correction. A subscriber kindly corrected my error in reporting Zoom under the symbol ZOOM, when the correct one, per the report segment…

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March 22, 2020

NFTRH

NFTRH 595 Out Now

The format is altered from normal even further this week. The idea is to talk about what needs to be talked about and not flog people with the stuff that…

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March 22, 2020