Silver finally hit the SMA 200 today and closed back above lateral support (daily chart). That's great. But if the precious metals complex is going to correct deeper then this…
Gold vs. Stocks is a major macro signaler And as yet the signal (i.e. trend) remains positive for risk 'on', for economies, for speculation and inflation. The chart shows how…
I committed to barely looking at the markets and not making any trades while I was away over the last couple days. I had work to do and quality time…
HUI was in positive correlation to long-term Treasury bonds (TLT) from the top in the fear trades last summer to the end of February. Then they went opposite each other…
NOTE: I will be on the road for the next couple of days, so please don't interpret any lack of activity on my part as having anything to do with…
Media screws the contrary pooch (again) This time it's Bloomberg and its BOND KING du jour*, Bill Gross making the call. And exactly one more hysterical day followed the call…
The potential short-term bullish pattern noted last week in CRSP is showing up in other places (NDX, AMZN & NVTA shown here). Again, note that I personally don't consider patterns…
There is so much to cover in a weekly report that sometimes I cannot be as pointed as I'd like in my wording. Hence, in-week updates like this one to…
It's a solid report covering what needs to be covered, especially now that the thing that was so disbelieved a year ago is now so universally believed. You've got to…
Another artist that my daughter turned me on to. Kurt Vile performs Girl Called Alex at the venue that presents so many performers so well, KEXP. Friggin' excellent and a…
It's the Bond Market, Stupid As our Continuum chart predicted over a year ago, Jerome Powell was called to his higher inflationary powers when the macro markets liquidated with great…
The other option I see in the daily charts of some of the sexy leading stuff is based on a potential pattern. Now, pattern recognition is another way of saying…
I've been writing the words "bear flag" pretty frequently lately with regard to the various bounces going on in some stocks. Below are a couple of pictures of bear flags…
The 10yr/2yr Yield Curve continues to steepen This will probably amp up the prospects of some kind of Yield Curve control (YCC) by our trusty centralized monetary politburo. Here is…