NFTRH 755
Notes From the Rabbit Hole #755 Summary of NFTRH 755 and the macro situation leading up to it US Stock Market The Q4>Q1>Q2 rally drags on. There continue to be…
Comments Off on NFTRH 755
April 30, 2023
NFTRH+; good cop, bad cop updated
Good cop (QQQ/SPY ratio) is holding the bull flag and turning up. I assume the happy stuff out of Microsoft is boosting spirits. Reference the original Good/Bad cop update. In…
April 27, 2023
Copper/Gold ratio confirming favored macro view
The Copper/Gold ratio continues its breakdown As if on cue to what NFTRH 754 had to say last weekend: However, I am most interested in copper for its signaling vs.…
Comments Off on Copper/Gold ratio confirming favored macro view
April 25, 2023
NFTRH+; Two US stock market signal ratios (a good cop and a bad one)
A quick look at two items, the guide for a bullish market (QQQ/SPY, also noted in NFTRH 754) and XLV/SPY (which is a defensive sector vs. the broad market and…
Comments Off on NFTRH+; Two US stock market signal ratios (a good cop and a bad one)
April 24, 2023
Opportunity in gold stocks that most will miss
It's been two decades of pain with interim bullish flashes in gold stocks, and the herds are painfully aware. They've learned their lesson and now they'll miss a coming opportunity…
April 22, 2023
NFTRH+; favored plan for gold stocks
Gold stocks eye silver's leadership Silver's CoT is in decent shape. Silver has been leading gold. Silver is STILL leading gold despite the sector pullback/correction. In not having had a…
Comments Off on NFTRH+; favored plan for gold stocks
April 19, 2023
NFTRH+; View of bonds and thus, Fed, gold, miners and silver (key technical levels again reviewed)
The market is tightening credit conditions again. In other words, it is projecting a sill-hawkish Fed. This is where we lay waste to all the hopes, shills and promotions about…
Comments Off on NFTRH+; View of bonds and thus, Fed, gold, miners and silver (key technical levels again reviewed)
April 19, 2023
Semiconductor Index (SOX) leadership under stress
Semi led Tech in Q4, 2022 and Tech led the broad after that, but now the Semiconductor index, the leader, is showing signs of weakness Is the negative divergence in…
Comments Off on Semiconductor Index (SOX) leadership under stress
April 18, 2023
Palladium price finally gets a move on! Within a major downtrend…
The Palladium price is bouncing hard We have been noting down-trending Palladium price week after week in NFTRH as a footnote of little importance. But this week Pd is finally…
Comments Off on Palladium price finally gets a move on! Within a major downtrend…
April 18, 2023
ES and NQ; follow the leader
ES and NQ are set to each tick a new rally high ES and NQ are laggard and leader, respectively. ES (S&P 500 futures) wants to follow its leader in…
Comments Off on ES and NQ; follow the leader
April 18, 2023
Yesterday’s subscriber update on the GDX Gold Miners ETF, now public
The GDX Gold Miners ETF takes a well deserved pullback, as if on cue Of course I was clueless that a pullback would come today. But it was my job…
April 14, 2023
![Read more about the article Gold price (monthly chart), amid the noise [w/ edit]](https://i0.wp.com/nftrh.com/wp-content/uploads/2019/07/hypetrain.jpg?fit=1000%2C669&ssl=1)
Gold price (monthly chart), amid the noise [w/ edit]
A monthly chart view of the gold price projects a break to blue sky, but needs to confirm a breakout first (and endure the noise of an 'in the bag'…
April 14, 2023