NFTRH+; Key juncture in these indexes
With respect to the recent analysis noting the downside gaps that could fill in the short-term (before any resumption of the relief party, if applicable this year) here are daily…
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December 20, 2022
Hoye, oh boy! The proper gold stock sector fundamentals
Bob Hoye presents a look at the proper - as opposed to imagined by legions of anti-dollar, inflationist gold bugs - gold stock sector fundamentals You've heard me go on…
December 19, 2022
Franco Nevada Stock: When is a royalty company not so safe?
Franco Nevada stock is down on political risk in Panama When is a lower risk (relative to miners) royalty company at risk? Well in this case, when politics get involved…
December 16, 2022
SPY vs. SP… err, TLT
Headline US stock market ETF vs. headline US Treasury market ETF The daily chart of the SPY/TLT ratio shows the broad US stock market (incl. dividends) clinging to its major…
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December 15, 2022
NFTRH+; nominal Gold, Silver & GDX
Gold is having a normal disturbance at the SMA 200 and associated resistance. What would make gold less normal (to an ongoing short-term rally) is a drop below support at…
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December 15, 2022
NFTRH+; pre-market from a golden perspective
It's FOMC week, the eggheads have dispersed to their private offices and now into the void comes man, machine, black box and casino patron of all stripes. FOMC week; it…
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December 15, 2022
2-year Treasury yield rises after Fed raises rates?
The 2 year Treasury yield inched up, then sagged The session ended with the 2 year Treasury yield up a teeny within the potential topping structure that we've been tracking…
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December 14, 2022
Orogen Royalties (OGN.V/OGNRF)
Orogen Royalties stock (OGN.V) tacks on 16% today Please tell me it's not another newsletter hump. From NFTRH 734 on December 4th: Okay, patience may be paying off. Hat tip…
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December 14, 2022
After FOMC Nothingburger SPX still on plan
The US stock market will make an up or down decision on the very short-term while the larger relief rally is still intact Yesterday as they bulled the markets on…
December 14, 2022
M2 Money Supply is precarious; wither the stock market?
M2 Money Supply has started to roll over from an extreme high I don't pay a lot of attention to M2 Money Supply (nor another Fed data set called Velocity…
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December 14, 2022
The US stock market (SPX) is also… you guessed it, on plan
US stock market (SPX daily chart) heads for projected bear rally extremes Frankly, this is 100% on plan for the Q4-Q1 party, but I did not have a clear view…
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December 13, 2022
US dollar index (DXY) is also on plan
The US dollar index (DXY) is dropping toward the 50% Fib retrace level Reference yesterday's post on USD. The next support (not visible on the daily chart) coincides with a…
December 13, 2022
November CPI report: We’re on plan
As the November CPI report moderates, disinflation continues apace As the great and powerful Fed of Oz prepares to render his decision (ha ha ha) on the Fed Funds rate,…
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December 13, 2022