The TSX Venture (TSX-V) index is in trouble Have the drones on Twitter taken up their pitchforks and torches and marched upon their inflationist (gold bugs or otherwise) influencers yet?…
The inflation hysteria - despite the actual mechanics of inflation, like True Money Supply and Fed policy that bloated it - are in the rear view mirror. What is so…
Even as silver continues to lead gold, check out gold (GLD) vs. SPX (SPY). The pattern is an inverted H&S, which would be a bullish reversal if it continues to…
Commodities and inflation expectations have/had been rising right along with the long bond's yield But some of the 30 year Treasury yield's fellows are dropping off, just as the hawking…
This morning I shorted TSLA and XLY. With the confidence that readers will not do what I did simply because I did it, I wanted to provide a visual of…
We looked at the long-term support for silver in this morning's update. We also reviewed its still intact leadership to gold. Daily silver is hanging tough at the SMA 50…
Because here's the anticlimactic event (that's an assumption because this is written prior to the FOMC release) you've been waiting for... September 21, 2022 Federal Reserve issues FOMC statement For…
ES (daily) has failed oh so logically at the downtrending SMA 200 (orange), bounced to test resistance, failed again and now grapples for support. This is a bear market chart…
Gold is still clinging to the uninspiring support area in the 1670s. As it stands now, the 'handle' consolidation/correction that I'd originally projected in 2020 has long since given way…
Copper/Gold and Oil/Gold correlated with the 10yr yield From yardeni.com, a visual representation of one implication of the Copper/Gold ratio, which I often make a big deal about. If the…
Eggheads assemble, as FOMC meets Ooh, can't you just cut the tension with a knife? FOMC is going to hike the funds rate by at least .75% tomorrow and according…
Junk bond ETF outperforms both Treasury and 'investment grade' (IG) bonds As would be expected, nominal junk (HYG) is pretty bearish along with the rest of cyclical/risk 'on' markets. It's…
Back to regular PDF format this week. NFTRH 723, out now. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth…
Whereby I try to make you listen to a garage rock song that is probably not to your taste with a nasally sounding singer who I am pretty sure is…