NFTRH+; For Anyone Who Still Cares
GDX fills a gap We are back on the momo-fueled FOMO (or is it FOMO-fueled momo?) as the stock market correction I speculated upon was just another micro twitch to…
2 Comments
February 23, 2024
FOMO Rally MOMOs Again
The FOMO rally in stocks uses fantastic, but discrete news from Nvidia to resume FOMO: the fear of missing out Last weekend we noted that the US stock market was…
February 22, 2024
US Stock Market – In Need of a Correction
The US stock market (SPX) is overbought and vulnerable in the near-term Excerpted from this week's edition of Notes From the Rabbit Hole, NFTRH 797: The US stock market is…
February 19, 2024
Protected: NFTRH 797
Notes From the Rabbit Hole, #797 Summary US Stock Market (per last week): Bullish and at high risk. No change there. Major indexes at all-time highs with breadth lagging again…
Comments Off on Protected: NFTRH 797
February 18, 2024
NFTRH+; Strategy For Gold Miners: So Far, So Good
An update on the gold miners As GDX bounces from another moderately oversold reading, let's take a checkup on the situation. Technically, it is bouncing from a higher low to…
Comments Off on NFTRH+; Strategy For Gold Miners: So Far, So Good
February 16, 2024
Sowa Goat Sanctuary; Doing God’s Work
Sowa Goat Sanctuary needs our help I am not traditionally religious, but that does not mean I don't believe in a higher power or the concept of "God's work". I…
February 15, 2024
NFTRH+; 2 Horsemen
First, a note that if you have not seen it, the trade log has a daily chart and some words about GDX. I also posted a weekly chart of GDX…
Comments Off on NFTRH+; 2 Horsemen
February 13, 2024
Let’s Talk ‘Inflation’, Post-CPI
A little discussion about this thing we call "inflation" after the January CPI report A vast majority of people see inflation as rising prices, wages and 'pushed' costs within the…
February 13, 2024
January CPI Hotter Than Expected, Except it Was Expected… and Confidence Remains Intact
January CPI ticks up .3%, market reacting predictably in full submission to the great and powerful Fed of Oz Click image, get the news, hot off the presses! We have…
Comments Off on January CPI Hotter Than Expected, Except it Was Expected… and Confidence Remains Intact
February 13, 2024
2 Horsemen, USD & Gold/Silver Ratio: Status
2 Horsemen of the Macro Apocalypse, AKA the US dollar and Gold/Silver ratio, when they rise impulsively together, updated by daily charts 2 Horsemen of Macro Apocalypse When the global…
Comments Off on 2 Horsemen, USD & Gold/Silver Ratio: Status
February 12, 2024
Protected: NFTRH 796
Notes From the Rabbit Hole, #796 Summary US Stock Market: Bullish and at high risk. No change there. Major indexes at all-time highs with breadth lagging again and an internal…
Comments Off on Protected: NFTRH 796
February 11, 2024
NFTRH+; A Quick Update on Gold Stocks
GDX has filled its lower of the two nearby daily chart gaps after the bear flag breakdown. It is good to have that gap out of there. GDX is viable…
Comments Off on NFTRH+; A Quick Update on Gold Stocks
February 9, 2024
It’s a Bubble, and It’s Intact
The bubble in 'no holds barred' monetary policy (birthed under Alan Greenspan) and the bullish markets it benefits are in their third decade Gold, meanwhile, will not be ready until…
Comments Off on It’s a Bubble, and It’s Intact
February 8, 2024
NFTRH+; Silver Status
The silver price has been very volatile on the daily chart view. On the larger view it touched clear long-term support on the decline in 2022, which was a higher…
February 7, 2024