‘A bearish sign on Nutrien’s chart’ says media garbage purveyor Benzinga!!!!

Do you see all the ‘!’ I used in the title? I must be a TA trying to convince you of something. Sensationalism is about all that some TAs have, after all. They baffle you with bullshit because they sure don’t help you with any kind of reasonable analysis based only on charts. I am talking about the TAs – prominent in the precious metals, … Continue reading ‘A bearish sign on Nutrien’s chart’ says media garbage purveyor Benzinga!!!!

NFTRH 717, out now

NFTRH 717, out now. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by Credit Card or PayPal using a link on the right sidebar (if using a mobile device you may need to scroll down) or see all options … Continue reading NFTRH 717, out now

2 bright spots

As the markets react to lagging data, a couple of personal bright spots My brain look tends to look forward but the market’s brain all too often seems to be looking back. Think about all the predictable news-chasing the machines have consistently done in 2022. There may be individual strategists approaching this market with intelligence, but who (and what) ever make up the balance of … Continue reading 2 bright spots

July Payrolls +528,000

BLS reports job gains of 528,000 in July Click headline, get full BLS report. This ought to keep Hazel good and busy as Americans lap up Professional & Business services, Education & Health services, Leisure & Hospitality services and Government services. Why it’s a reflection of the temporary ‘Goldilocks’ theme we’ve been working to. If you recall the massive yield curve flattener from 2013 to … Continue reading July Payrolls +528,000

Inflationists pressuring gold mining stocks

As inflationary pressures ease, inflation-centric gold bugs do the wrong thing It is ridiculous, but they are out there, en masse. They buy gold stocks for the same reason they buy oil, copper and other cyclical and more inflation sensitive commodities. They are the inflationist gold bugs and they follow the dogma of their influencers, with no second level thinking. No critical thought or logic. … Continue reading Inflationists pressuring gold mining stocks

NFTRH 716, out now

For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by Credit Card or PayPal using a link on the right sidebar (if using a mobile device you may need to scroll down) or see all options and more info. Keep … Continue reading NFTRH 716, out now

Post-FOMC contrarian window open

The time is now for the broad market rally to gain a following It’s a bear market. The trends make that assertion, not me. But as noted in an NFTRH update on July 28th… FOMC came. FOMC laid a .75% egg. FOMC rode off into the sunset until September. Meanwhile, signs of global economic contraction continue to crop up as the Fed fights the last … Continue reading Post-FOMC contrarian window open