Other Side of Nowhere
I did this earlier in the week while ignoring the stock market one day. Feels to me like Garage rock with a touch of neo-psych. As with any of the…
I did this earlier in the week while ignoring the stock market one day. Feels to me like Garage rock with a touch of neo-psych. As with any of the…
Anti-markets (to a seasonal rally scenario) being the US dollar index (DXY) and Gold/Silver ratio, which signal lack of liquidity when rising together and sufficient market liquidity when dropping together.…
Relief provided by an easing October CPI 'inflation' report the trigger It was bound to happen sooner or later. October finally showed an easing comp in what most people think…
Year over year CPI inflation rate eases in October An easing in concerns about the effects of the Fed's 2020 creation of massive sums of funny munny. Frankly, I was…
Bitcoin is dropping toward the major support target My "I won't speculate in Bitcoin (BITO) until..." point is the 10,000 to 12000 range (preferably with ole' Tommy boy having removed…
Today the market is supposedly negative due to election uncertainty. But whatever way it goes, the historical post-election data suggest out performance compared to the 2022 run up to the…
The USD index (DXY) is on plan to the October 28 update that stated... One option could be for a pop to the top of the channel, which would be…
A quick update on a couple of important indicators. The Gold/Oil ratio as represented by GLD/USO is bouncing hard today within its downtrend. As the gold mining bull I expect…
The gold price (futures) has taken out resistance #1 at 1675 and is trying to take out 1700 as well. The next objective is around 1750. Aside from that, it…
I do believe things are starting to take shape in Q4-Q1 time window. NFTRH 730 does the work to illustrate that and the next several reports will confirm, refine, alter…
Party on if you will, but the gold mining fundamental case is not complete Back on October 14th we reviewed why a post-bubble contraction would be the proper time to…
The nominal gold price is positive this morning and still trapped below initial resistance. The silver price has retaken and thus far held the daily SMA 50. The copper price…
Nutrien (NTR) earnings show another 'inflation trade' biting the dust Fertilizer company Nutrien (NTR) earnings were hit by continued demand destruction in agricultural commodities and Nutrien stock is getting hammered.…
The USD index (daily chart) is on the plan we laid out for it in an update last week. From that update... One option could be for a pop to…