Market sports Wood today
Cathy Wood's ARKK fund gets a seasonal rotation (for a day or more) With the caveat that not all of my tax loss specs are working yet (cough, cough... Cannabis…
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December 17, 2021
NFTRH+; Regarding gold stocks, this is no coincidence…
It is no coincidence that gold stocks are positive as broad markets correct to varying degrees. As the inflation trades cool, gold begins to out-perform. Most gold bugs demand -…
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December 17, 2021
As FOMC rides off into the sunset…
Baltic Dry Index (BDI) continues to flash negative As FOMC and related noise fade away we are left as we were before the negative market action that attended the event…
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December 17, 2021
Profit taken on Palladium bounce [w/ edit]
[edit] Arrgh, and of course it's up another 5% this morning. Palladium futures bounce 11% today I added a sizable chunk of PALL a couple days ago, ready to hold…
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December 16, 2021
The Fed is not directing the markets, but indicators like this are…
The Fed, like the rest of us, is being directed by markets As shown in yesterday's post the Fed is being directed in large part by the 2yr Treasury yield,…
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December 16, 2021
NFTRH; Markets buy the news
And so the tapering Fed is behind us. The upper gaps are filled on the main US indexes and the lead up to FOMC was actually less irritating than normal,…
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December 16, 2021
The Wizard speaks
Watch Fed Chairman Jerome Powell speak after the central bank’s market-moving policy decision You may listen to the man talk about putting the Genie back in the bottle at the…
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December 15, 2021
Fed Funds Rate, CRB & 2yr yield; a macro picture
2-year Treasury yield indicates rising Fed Funds to come The link between commodities and Fed policy has been hit or miss (at best). However, when you add in the 2…
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December 15, 2021
Second bright spot in a week: CMC Materials
As my portfolios get pressured by the market's fear of a Fed trying to stuff the inflation it created back in the bottle, I've had a second positive surprise in…
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December 15, 2021
Two of four gaps filled
NDX and SOX filler their upper gaps Ref. last Thursday's... Not in love with these gaps While SPX and DJIA are still working on theirs, the market leader (Tech) and…
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December 14, 2021
![Read more about the article NFTRH+; this metal finally hits target (futures) [post unlocked]](https://i0.wp.com/nftrh.com/wp-content/uploads/2020/01/plus4.png?fit=256%2C256&ssl=1)
NFTRH+; this metal finally hits target (futures) [post unlocked]
Just an FYI for anyone with interest in Palladium. The target established last summer was 1600. This morning Pd has dive bombed to 1598. Close enough, eh? I am not…
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December 14, 2021
Stuffing it back in the bottle!
The inflation Genie, that is... In this great adventure, the Fed creates inflation and then attempts to put it back in the bottle. Good luck with that! Federal Reserve: "Get…
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December 14, 2021
Do you know what kind of market this is?
This is a market in which I do not trust my charts of individual stocks nearly as much as I trust the macro, ratio and indicator charts. And because those…
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December 13, 2021
When the Fed tapers, who buys Treasury bonds?
20+ and 7-10 year Treasury bonds look constructive Look, I don't know if it is just poetic or there is some degree of shall we say instigation [tin hat alert]…
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December 13, 2021