Gold has been rising for a year…

…from the perspective of Asian and EM investors. Well, nearly a year anyway. This after the ratios got bombed after the 2020 COVID hysteria faded into the inflated global recovery. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by … Continue reading Gold has been rising for a year…

Small caps at critical support

Small Cap (Russell 2000) iShares is at important support The chart of IWM implies that the correction needs to end sooner rather than later or some markets are going to go in the dumper (many global markets, esp. those vulnerable to a strong dollar, already are). Interesting, since January is traditionally thought of as ‘small cap’ month. For “best of breed” top down analysis of … Continue reading Small caps at critical support

Picture = 1000 words

Click graphic, get hysterical media news (actually, I have not bothered to read it but judging by this trader’s face… :-))… This guy is a classic and the waterfall stock chart behind him is priceless. Hey folks, do you remember Christmas Eve, 2018? The Christmas Eve massacre? It was a glorious and culminating moment of washed out equity prices amidst hawkish Fed indifference as most … Continue reading Picture = 1000 words

NFTRH+; another ‘real’ view of the gold price

Last week in an update we reviewed the gold price as adjusted by commodities and stocks with gold becoming constructive vs. commodities and global stocks (ACWX) but still inactive vs. broad US stocks. Let’s take a look at gold vs. some major (non-USD) global currency indexes. Notice the swing toward bullish uptrends in all of them. This has the potential to be the turnaround for … Continue reading NFTRH+; another ‘real’ view of the gold price

NFTRH+; Omicron, Fed running sentiment… market update

Omicron is front page news as the COVID spikes that we reviewed (ref. Reuters COVID Tracker, h/t subscriber FG for the link) as the 4th wave of infections reviewed back in NFTRH 682 gains full headline status with added sentiment fuel from Omicron’s spread and the hawkish (at this point, less inflationary) Fed. You can click the graphic to see how the media is presenting … Continue reading NFTRH+; Omicron, Fed running sentiment… market update