Just Another Cyclical Bull Market

TSX-V is in a cyclical bull market The TSX-V, which has been one of our main post-crash inflationary guides, has joined the likes of the Agricultural index, Copper and other markets in a cyclical bull market by taking out the previous high. A cyclical bull is just that, a cycle. The ‘V’ is already there and it could end tomorrow or more likely in my … Continue reading Just Another Cyclical Bull Market

We Will We Will ROK U!… Overbought then Not

No better example of how a stock can get strenuously overbought during a long journey upward, refresh itself and resume. It’s one of the things that should be tuned out if a TA puts too much emphasis on an overbought situation necessarily being something terminal. I mean sure, overbought could be a good place to take profits and I have done so periodically in this … Continue reading We Will We Will ROK U!… Overbought then Not

NFTRH+; 30yr Yield, USD & the Reflation Trades

As you know, our ultimate target for the 30yr yield is around 2.5%, at which point we’ll come to a major macro decision point between failure and deflationary liquidation or a ‘different this time’ break through the Continuum’s limiter (monthly EMA 100) as almost happened in late 2018. Since long-term yields have been our primary guide to the reflationary macro it is well worth considering … Continue reading NFTRH+; 30yr Yield, USD & the Reflation Trades