December 3, 2021 - Notes From the Rabbit Hole

NFTRH+; Regarding gold stocks

HUI and GDX have joined GDXJ in making lower lows to the early November low. That was a moderate negative, technically. But as you can see, HUI is getting oversold…

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December 3, 2021

Inflation & Deflation / Market Indicators

Yield Curve is not currently an inflationist’s friend

The yield curve is flattening I don't cheer-lead a given view, but if I were to do that I'd be cheering for a yield curve flattener to put a correction…

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December 3, 2021

Economy

Payrolls +230k, a ‘disappointment’

November Payrolls +230,000 vs. 573,000 estimate Of course, it's all about the Fed, eh? With a side order of Omicron. Click the graphic below, get the report from BLS that…

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December 3, 2021