Another firm CPI number is out, to little surprise given the expected rebound in inflationary sentiment along with commodities and other inflation trades (precious metals, led by silver, on this…
What the public thinks is "inflation", CPI, rose more than expected Here is the table of components of the March CPI report. You can click it to read the whole…
Here is some daily chart micromanagement of the short-term situation for USD (DXY). If USD were to rally from here it would imply headwinds against the broad asset market rallies.…
Notes From the Rabbit Hole, #804 Summary US Stock Market: Bullish and at high risk. Internal rotations in play. [unchanged] US Market Sentiment: Extremely over-bullish. Not a timer, but a…
On the occasion of another standout payrolls report, we note that the macro is indeed changing beneath the surface Another payrolls report, another beat of expectations. Here is the breakdown…
March Payrolls continues the string of out-performance; let's check the details March Payrolls (click image for BLS report): Needless to say, someone is perma-happy. Now for the details. If it…
Mohamed Aly El-Erian has it right; the Fed is a play-by-play caller A play-by-play caller with multiple orifices always at the ready to eat a microphone and influence the mindset…
Brief update on the US dollar index USD/DXY is thus far pausing at noted resistance at 105 and pulling back a bit. The run up in Treasury yields is theoretically…
Long-term investors in gold, and bull market traders in gold miners (not an "investment" in my opinion) may well disregard the theme of this update, because the macro is turning…
Why are gold and commodities up and stocks under pressure as long-term interest rates rise? Because, this... The 10-2 yield curve is threatening to resume steepening. The uplift from the…
NexGen Energy (NXE) has broken the symmetrical triangle With reference to last week's update on NXE and its potential implication for the Uranium sector, this morning we find NXE breaking…
Notes From the Rabbit Hole, #803 Summary US Stock Market: Bullish and at high risk. Internal rotations in play. US Market Sentiment: Extremely over-bullish. Not a timer, but a condition…
Updating gold ratios to other markets using associated ETFs Sure, gold is a pretty and heavy object that people fall in love with (and express their love with). But it…
For all you U heads out there, a look at a stock that is leading the sector. While most of the sector is in a deeper correction mode within an…