Lumber drops through support, tests it and fails I suppose it is the very picture of pent up economic reopening demand followed by the inevitable slack in that rope. One…
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Today I added another EUO position, which is in essence my strong dollar position [edit: also added strong dollar fund UUP in after-hours]. The reason being that USD (DXY) is…
Well, inflationary signals are back on to varying degrees, if not the reflation trades across the board. The inflation rate continued to climb in June. This as our indicators had…
A simple update of HUI's daily chart. Why do I stay on top of this lowly sector? Because when the macro turns it will be special once again. With the…
Man stares at SOHU chart, sees it doing the right thing As with Weibo before it, Sohu, which I bought to replace WB when I sold it, is doing what…
Gold miners (HUI) are out of whack with the Gold/Oil ratio (GOR) and the Gold/SPX ratio This isn't to say that the would-be bounce (HUI is postured in a small…
NFTRH 663 is loaded with valuable information for this very moment in time because we are at a macro decision point and only work done from the top down will…
A band from my youth, the Bats are a band from New Zealand that I've always had a soft spot for. The music does not prove anything, preach anything, bludgeon…
As I watch ANVS do this... ...I have remorse for not buying it back on the pullback after taking a 60 or 70% profit. But then I just realized I…
The sentiment backdrop is far different in long-term bonds now than it was when rates were rising and we projected a cool down in yields/inflation, and a favorable sentiment backdrop…
As long-term yields decline... We have a headline this morning that is so in accordance with the times. Where just a few months ago the hysteria was toward inflation and…
While the interest rate backdrop swings favorable, other gold indicators are not yet While real yields are negative (positive for gold) and credit spreads are weakening (positive for gold) the…
Disinflation was led dutifully by the TSX-V/TSX ratio Back on June 21 we noted that the TSX-V/TSX ratio was negatively diverging inflation expectations. That is the ratio of Canada's speculative…
Since a micro version of the right backdrop for gold and the miners that would leverage that backdrop is in play now it is time to review our (well, my)…