The Treasury has held auctions for long-term Treasury bonds this week. Those are the bond durations that have been the most problematic for the economy and for macro signaling. Strong…
The precious metals led the bearishness, as they often do. It's interesting, although not yet overly significant, that gold stocks are green (along with my software stuff) while other aspects…
Gold and silver continue to be mired in a now maturing correction It has been a long slog since the expected correction began (on the January 29th spike and reversal)…
While the Silver/Gold ratio has not yet triggered the all-clear for a widespread commodity trade, or the mythical commodity 'super-cycle', we have noted that individual commodities will rise and fall…
NFTRH 935 Summary A brief summary of the work done in this week’s report and in the updates and reports leading up to this point. Please read the detailed report…
The anticipated Goldilocks macro appears to be in effect, absent some classic signals In anticipating a Goldilocks macro, we (NFTRH) planned for a disinflationary phase, with nominal Treasury yields pulling…
We know that for the last couple of weeks SOX is leading NDX and NDX is leading SPX. The market leadership chain is intact and bullish. But not for everybody.…