I don’t know, man gets head too filled up with stock market, man likes to make noise in his off hours. Still just messing around with rough riffs and ideas but too time constrained or lazy (I like to think it’s the former) to think up lyrics or polished mixing, let alone actual arrangements. Just come up with a riff, slap a name on it … Continue reading Drop It
As noted a few times previously, the XLV/SPY ratio has indicated bear markets on two of its previous three signals. These came in 2000 and in 2008, while the 2011 low was not material, other than for a short market correction. The phase from 2011 to 2015 was a positive correlation and I think politics were involved there to a degree. However, the 2015 top … Continue reading NFTRH+; updating a would-be bear market indicator
Gold vs. Inflation Expectations; a low being made? A weird ratio chart here. Gold (GLD) vs. expectations about the thing that too many gold bugs believe should be the prime utility for gold (inflation protection). If it were to turn up da macro gonna change. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly … Continue reading Gold vs. Inflation Expectations
When originally managing a potential pullback in the US markets back in Q4 2021 we noted, but (I) did not necessarily expect that the lower gaps could fill. We noted at the time that it could represent a good clean out of over-bullish market sentiment. I looks like the gaps are filling or going to fill. The indexes would want to avoid lower lows to … Continue reading NFTRH+; remember these gaps?
Personally, I am not convinced that this is still just a routine correction in the US stock market. But as certain table legs get kicked out from under the market, like small caps, richly valued growth and even medical devices and biotech, one thing I am watching is a massive rotation by Global Fund managers (I do not have permission to share the actual data) … Continue reading NFTRH+; Insofar as I’d be a bull…