NFTRH+; one noisy option eliminated in Silver and thus, the precious metals
I call it noisy because I am sensitive to the fact that I introduced it to you, increasing your noise level. But sometimes it's damned if you do, damned if…
I call it noisy because I am sensitive to the fact that I introduced it to you, increasing your noise level. But sometimes it's damned if you do, damned if…
Well, I have been all over the place with these two (especially silver), looking down, looking up (small inverted H&S pattern), down, up, down... You get the picture. I have…
With reference to the earlier update, Gold/ES is still below the support line and trying to put a tail on its candle to consider undoing the breakdown. Of more importance,…
Gold held below the SMA 50 (ref. NFTRH 761) and is dropping post-FOMC because, of course it is! It's FOMC week and the Fed is talking tough and the inflation…
I am a man who stares at charts. I see patterns and I get excited. I realize this is a noisy week with market regulators front and center and indicators…
Dynavax stock (DVAX) heads upward after strange down move Dynavax stock (DVAX) is one I've held, traded and profited on repeatedly. It's my own pick, the product of some research,…
After a Fed rate pause (or "skip" as they're billing it) in June, July will be the key meeting As noted in yesterday's post, a Fed rate pause for June…
As long as silver (SLV) lurks here at the neckline on this chart from last week's update, this precious metals leader is still in the game. The neckline (green dashed…
We've been tracking the Gold/SPX ratio as part of a host of other gold to market ratios. But this is the one that is closest to breaking down and given…
With inflation fading, FOMC preps its "decision" on the Fed Funds Rate With inflation fading as yesteryear's news, Goldilocks continues to hold sway. It's been a year now that this…
[edit] My mistake; ES took out the August high but SPX remains perched below it. However SPY, when viewed by a chart that factors dividends, is above that marker. So,…
This would be an appropriate time for gold's ratios to stocks and commodities to hold and turn back up. With SPX in the preferred target zone of 4219 to 4300…