NFTRH 767
Notes From the Rabbit Hole, #767 Summary US Stock Market: Over-bullish, rotating toward the defensives (DJIA, Healthcare, Staples, etc.) and as such, exhibiting late stage behavior. In other words, it's…
The 3 month T-bill yield is still excessively divergent from the 2 year Treasury yield If the history of this chart holds true that means that despite whatever bullish fun…
It is more comfortable to me, given my sunny personality and flowery nature (that's a "ha ha ha" BTW) to look at charts from the bull side as opposed to…
Here's the updated view of USD. TradingView is nice because it has live charts * that move as you view them. Indeed, while I was recording I realized that QuickTime…
Please let me know how this type of update works for you. It's more me winging it than carefully choosing and writing words in a blog post. In other words,…
In the current macro setup, gold stocks are nothing special (yet) They are at it again. Articles catching on to the US dollar breakdown are appearing in the smaller media…
USD is in what could be a little bear flag forming after the breakdown. A bear flag could rise to test the breakdown resistance, but more likely could fail to…
Gold futures daily chart... Gold's leader, silver, has already taken out its 50 day moving average as it thinks about testing the May high of 26.43. Gold is making an…
Short video illustrates the DJIA bullish pattern we've been tracking in NFTRH Disclosure: I own DJIA tracker DIA. Since it is just a little test video that I quickly winged,…
A subscriber asked for a chart of the 30yr Treasury yield showing longer history and that prompted this update. Interestingly, the Continuum of pleasantly declining long-term Treasury yields (bond bull…
Global Currencies are in varying forms of bounce to bullish This is the global currencies chart we review each week in NFTRH. It's a daily chart meant to keep track…
Just as we are aware that a USD bounce would probably rattle the markets, let's also be aware of the fact that commodities and resources have not only not been…
My feeling - quite possibly wrong, but IMO not misguided - is that things are getting a bit hysterical now based on one cool jobs report and one cool CPI…