PPI: A fitting end to the ‘summer cool down’?

PPI +8.3% from August 2020 Producer inflation accelerated in August... So the dominant trend (in place over decades) is for declining Treasury yields with the implication of structural deflation. I…

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Semi sector flashes a moderate warning

The Semiconductor sector has an internal warning... As if the economic cycle and thus the stock market did not have enough internal problems (e.g. the CESI divergence to the S&P…

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Hard test for Bitcoin

BTC/USD is making a fairly dramatic test of the 50 and 200 day moving averages Thus far the test sees the Bitcoin price intact, technically. Just avert eyes from daily…

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Nickel remains in fine technical shape

'Battery Metal' Nickel is bullish Among other metals like cyclical, inflation-sensitive copper, counter-cyclical much less inflation-sensitive gold and tweener silver that have either been correcting during the summer inflation cool…

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NFTRH+; Gap fill

Super simple. GDX is fillling last week's gap up per the 15 minute chart (GDXJ is similar). This area carries lateral support and should hold or the sector bounce would…

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NFTRH 671, out now

And now my labor is done (for a day)... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market…

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BLS: Jobs +235k, way below expectations

August Payrolls disappoints at 235,000; one sector would benefit So I guess that the Citi Economic Surprise Index per yesterday's post is more concerning still, as analysts expecting +720,000 new…

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Uranium gets a move on…

Uranium stocks woke up this week My only position, UUUU is the laggard. Regrettably, I didn't buy back NXE because it didn't pull back, and now it's gone. But UUUU…

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