Semiconductor Equipment, Test & Materials are flipping bearish The Semiconductor sector is a cyclical leading edge. Its Equipment sub-sector is the tip of that spear.
GDX/GLD ratio is not confirming gold’s bounce And so, considering what at least has a chance to shake out as my preferred macro scenario –
While headliners SPX and DJIA miraculously recovered and ticked new highs yesterday (NDX recovered near the high), the median of 1700 stocks, AKA as the
With the Gold/Silver ratio and USD up, the good Doctor is breaking down again All logical as the thus far minor summer “liquidity alarm” continues
The 10yr-2yr Yield Curve has had its first interruption of the new steepener During this summer in which some of my indicators are at war