Yearly Archives: 2021

Music

The Bats – Live on KEXP

A band from my youth, the Bats are a band from New Zealand that I've always had a soft spot for. The music does not prove anything, preach anything, bludgeon…

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July 9, 2021

Stock Market, US

ANVS; remorse/not remorse

As I watch ANVS do this... ...I have remorse for not buying it back on the pullback after taking a 60 or 70% profit. But then I just realized I…

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July 9, 2021

NFTRH Interim Updates / NFTRH+

NFTRH+; Long-term Treasury bond sentiment

The sentiment backdrop is far different in long-term bonds now than it was when rates were rising and we projected a cool down in yields/inflation, and a favorable sentiment backdrop…

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July 9, 2021

Inflation & Deflation / Interest Rates

Decision point

As long-term yields decline... We have a headline this morning that is so in accordance with the times. Where just a few months ago the hysteria was toward inflation and…

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July 9, 2021

Gold

Gold Ratios: Still negative while other indicators start to turn

While the interest rate backdrop swings favorable, other gold indicators are not yet While real yields are negative (positive for gold) and credit spreads are weakening (positive for gold) the…

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July 8, 2021

Inflation & Deflation / Market Indicators

TSX-V/TSX ratio led the disinflationary summer

Disinflation was led dutifully by the TSX-V/TSX ratio Back on June 21 we noted that the TSX-V/TSX ratio was negatively diverging inflation expectations. That is the ratio of Canada's speculative…

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July 8, 2021

NFTRH Interim Updates / NFTRH+

NFTRH+; Updating Gold

Since a micro version of the right backdrop for gold and the miners that would leverage that backdrop is in play now it is time to review our (well, my)…

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July 8, 2021

Copper/Industrial Metals

Doctor Copper continues to correct

The copper price remains below the SMA 50 and resistance Once the star of the inflationary global reflation trades, copper topped out 2 months ago and has made a more…

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July 8, 2021

NFTRH Interim Updates

NFTRH; On cue

Treasury yields are dropping, commodities and reflation markets  are dropping and broad stocks are wavering (I don't buy the burst to new highs in big Tech as sustainable, but more…

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July 8, 2021

NFTRH Interim Updates / NFTRH+

NFTRH+; This commodity is tapping the SMA 200 at a seasonal low

A super simple update to explain why I added the Wheat fund WEAT, per the Trade Log. First, there is the chart tapping the SMA 200 within an uptrend. The…

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July 7, 2021

NFTRH Interim Updates / NFTRH+

NFTRH+; USD is on schedule

It's as simple as that which was 'anti' when the inflation/reflation party was ripping is still 'anti' when the party is over (at least temporarily). When markets liquidate - to…

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July 7, 2021

Inflation & Deflation

How long before Goldilocks is banished?

Goldilocks today, stagflation or deflation tomorrow? I get to write a post like this with a level of authority simply because NFTRH and possibly this public website were the only…

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July 7, 2021

Stock Market, US

Staring at the horrific (?) chart of CCMP [w/ edit]

CCMP's daily chart sux [edit] after all that, I sold it. Not so much for CCMP reasons but for portfolio management reasons. Look at the disgusting short-term pattern, just begging…

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July 6, 2021

NFTRH Interim Updates / NFTRH+

NFTRH+; Some gold stock (GDX) micromanagement

A look at the 30 minute chart of GDX shows a normal pullback to fill the opening gap. With Treasury bonds rallying and reflation-sensitive stocks and commodities pulling back it…

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July 6, 2021