NFTRH+; a peek beneath the market’s surface

A few indicators to view the market situation internally as the Fed minutes hysteria fades. Junk bonds are grappling to hold the moving averages and have not broken down. Meanwhile, Junk/Treasury and Junk/Investment Grade are not signaling an impending market liquidity/risk ‘off’ crisis. We have for many months been tracking the negative breadth divergence of the equal weight SPX vs. the headline SPX. That finally … Continue reading NFTRH+; a peek beneath the market’s surface

NFTRH; Market Update

Well, the knee jerk about what everybody already knew (generally speaking about the Fed’s taper/tightening cycle) continues. And now with Treasury yields still ramping, barring a fantastical reversal of the futures it looks like short-term support levels may start breaking in Tech stocks, and gold is getting hammered. Silver too. Tech stocks have the trend and can drop a good bit and still maintain major … Continue reading NFTRH; Market Update