Stock market correction or something worse?

As the US stock market corrects… US indexes are largely intact, and that includes NDX, even as everybody hates Tech now. SOX is intact too, but as we’ve noted for weeks in NFTRH, was vulnerable to correction of its own overbought excesses (especially by the sexiest Semi leaders like NVDA and AMD). SPX is nose diving for a test of its SMA 200 and so … Continue reading Stock market correction or something worse?

NFTRH+; Key resistance level at hand for this metal

Silver is still in a downtrend and today it is poking the key marker it would need to clear to start to change that view. There is not much more I can say. The red shaded resistance zone was put there back in Q4 2021 for a reason, and now here we are. Silver will either break on through for a try at the next … Continue reading NFTRH+; Key resistance level at hand for this metal

Gold; a stellar picture

Gold’s ‘real’ price indicates a fine ‘risk vs. reward’ [edit] Since this article will be distributed to a wider viewership than nftrh.com, where regular readers know I take pains not to hype this most precious ‘value’ asset, take note that a positive risk vs. reward does not mean run out and go whole hog gold stock bull right this minute. Risk vs. reward is a … Continue reading Gold; a stellar picture

Doctor Copper has not lost the patient, yet

Copper and the Copper/Gold ratio are intact Doctor Copper is monitoring the patient and to this point the vital signs are stable as the red metal holds the moving averages once again and pops (I added Cu tracker CPER the other day with a tight tolerance at those moving averages, per the Trade log). Doctor Copper’s relationship with old man Gold is still a question, … Continue reading Doctor Copper has not lost the patient, yet