NFTRH 644, Out Now

Helpful… pretttty helpful; speaking personally. NFTRH 644 is available now for subscribers to download. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim market updates and NFTRH+ dynamic updates and chart/trade setup ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email … Continue reading NFTRH 644, Out Now

“It’s inflation all the way, baby!”

Below is the ‘Opening Notes’ segment excerpted from the February 21 edition of Notes From the Rabbit Hole, NFTRH 643. The point of this segment was primarily to illustrate how hard it was to adopt the inflation view in Q4 2008 and in spring of 2020. It was secondarily to point out that as of last week I was growing concerned about the the shear … Continue reading “It’s inflation all the way, baby!”

NFTRH; State of the Correction for Several Key Markets

[edit] in the time it took to write this post ES went from negative to positive in pre-market.  Below is a look at how this morning’s futures are shaping up in several important markets. As always, any bearish implications are not meant to be over-reacted to. The US government is cooking up a new reflation package as I write. It is simply a technical snapshot … Continue reading NFTRH; State of the Correction for Several Key Markets

NFTRH+; Full Frontal Contrarian [w/ edit]

[edit] Side note: the 10yr is not nearly in such a contrary setup and not being privy to the inner workings of the vast bond markets and the policymakers manipulating them, I do not know why. It’s a bit a caveat to the below, however.  There appears to be no more contrary play out there than long-term Treasury bonds. The 30yr yield hit 2.4% today … Continue reading NFTRH+; Full Frontal Contrarian [w/ edit]

NFTRH+; As This Miner Drops to Target

As MAI.V (MAIFF) drops to the target as advised to President/Director Doug Ramshaw in this message exchange back in January (and as reproduced in NFTRH 639)…   …I’d like to update the situation. We are at that .52 – .55 zone around the 38% Fib. The stock is moderately oversold and pending the sector itself, this is a place where a buyer who wants to … Continue reading NFTRH+; As This Miner Drops to Target

Inflationary Yield Curve Steepener Continues Apace

As the yield curve steepens under inflationary pressure… Another day, another new high in the yield curve steepening, as everybody knows now that inflation is the play. But dialing out to a longer-term view we might at least consider that if volatility manifests in the yield curve the last time it happened at a level the curve is now approaching there was a not so … Continue reading Inflationary Yield Curve Steepener Continues Apace

Herd, Not Herd

The reflated raft of assets floats one way, gold the other It’s simple. Everything is herding in the northerly direction at the behest of the Fed’s anti-USD monetary policy as printed for the government’s fiscal policy. We all know this. This post is in no way calling bearish on stocks, copper or the massive host of other speculations screaming higher in line with the reflation. … Continue reading Herd, Not Herd

NFTRH+; Macro Balancing

As long-term yields rise in a reflated market (i.e. a market representing an economy that is gaining traction to a degree at least due to inflationary monetary/fiscal policy) the ‘reflation’ and ‘value’ stuff tends to be favored over the richly valued growth stuff. Today was a day for checking portfolios and balancing/rebalancing accordingly. I did that to a degree. First, the Continuum once again because … Continue reading NFTRH+; Macro Balancing

NFTRH+; The State of the Reflation [w/ edit]

[edit] After writing this post, per the Trade Log: A brief post to illustrate that as long-term Treasury yields (30yr & 10yr) rise… Over valued growth stocks like Tesla, Cloud, etc. are starting to buckle under. While  reflation-sensitive items like Materials, Banks/Financials and Commodities remain relatively firm. The risk is that pressure is building on the Fed as we look upward to the 2.5% caution … Continue reading NFTRH+; The State of the Reflation [w/ edit]

NFTRH+; Contrary Gold Sector

The gold stock sector is playing very well today, not because its prices are up (trends are still down) but because it is doing the opposite that broad stocks are doing. The whole correction from August was to get the miners out of positive correlation with the risky casino. It has been an extended contrary situation where stocks have continued to trend upward while the … Continue reading NFTRH+; Contrary Gold Sector

NFTRH 643, Out Now

Screenshot, hint to the nice people where we went this week in NFTRH 643. I am running late and have to get going. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim market updates and NFTRH+ dynamic updates and chart/trade setup ideas. You can also keep up to date with … Continue reading NFTRH 643, Out Now

Ain’t it Fun

Sometimes I clear out the bullshit of a long market week by hitting the treadmill with headphones (hit the track in the summer). This week I happened to find the Dead Boys in my headphones. It worked. It’s amazing how many great bands and performers came out of Akron or Cleveland. Pere Ubu, Joseph Arthur, The Pagans, Trent Reznor… ha ha ha, even Devo. But … Continue reading Ain’t it Fun