Keep Pushing That Stupid Cart, Huey!
HUI/SPX ratio Push, push, push... that cart full of rocks out of the dark cave you've been in since last summer, Huey. Push, push, push and see if you can…
HUI/SPX ratio Push, push, push... that cart full of rocks out of the dark cave you've been in since last summer, Huey. Push, push, push and see if you can…
Daily and in-day pictures of the gold price The daily chart looks like a normal day in gold. The rally has now come to the target established in March. Simple…
"Only one thing counts in this life. Get them to sign on the line which is dotted!" Always be closing. Simple as A, B, C. Long-time reader and eLetter recipient…
This week we strip down to the macro, cutting out individual stocks, sentiment and a few other areas that are not critical to the macro view. My favorite segment is…
Before getting to a real guitar player, I subject you to a couple more A part, B part things I did with the little canned drummer in my computer. He…
LME warehouse levels for various industrial metals Doctor Copper gets the attention, but the red metal is just one of a whole bunch of cyclical industrial metals subject to inflationary…
New York Fed announces new Treasury bond operations Operation Twist, concocted in 2011 by Ben 'Big Brain' Bernanke came about with all sorts of egghead theorizing about its mechanics, effects…
GILD is a stock I've traded off and on to unremarkable results. In the world of Biotech, it's a low growth value stock and speaking personally, as long as it…
Short-term Sentiment is reset, long-term is still structurally over-bullish In a positive contrary indication the latest readings in the AAII and NAAIM have logically recoiled in line with this week's…
Calls for funding US chip production The market will show me to be wrong if the likes of AMAT and LRCX break down. I hold both of them because while…
Stagflation in the offing, unless it's not different this time... As corporations continue to raise wages, market participants fear the Fed is wrong about supposedly "transitory" inflation, long-term Treasury bond…
US dollar holds a thin higher low From yesterday morning's post on USD... "Here is the daily chart’s story. USD (DXY) needs to hold above the February low of 89.68…
SPX was overbought and no longer is as it makes a thus far normal pullback From NFTRH 654... Last week (NFTRH 653): “Who can predict? It’s been over a year…
Much like HUI has hit target (305-307) so has gold, having arrived at near the channel top and 200 day moving average. It's clear that this is a potential limit…