Author: Gary

This author has written 7415 articles
NFTRH

NFTRH 329 Out Now

How to promo... how to promo?  NFTRH 329 took a hard look at the realities of what happened last week and despite an end of week reversal (below SPX key…

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February 8, 2015
NFTRH Interim Updates

Market Update

US Stock Market

After being out for much of the day I returned to the same old, same old.  i.e., a market whipsaw.  This time around the upside parameters are at issue, whereas on Monday it was the bears getting whipsawed.

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February 6, 2015
NFTRH Interim Updates

Market Update

The Non-Farm Payrolls report comes out at 8:30 US Eastern time.  It’s a tough call on what the market wants to see.  The market is as capable of celebrating a bad number (Fed on hold!) as it is a good one (economy is still humming!).

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February 6, 2015
Economy / Manufacturing

December Machine Tool Data, Not Good

I have been awaiting the December Machine Tool sales data from EDA, assuming we'd get another year-end ramp up (especially with IMTS this past September), like clockwork.  Well, the clock…

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February 5, 2015
NFTRH Interim Updates

Parameter Just Ahead & Some Notes

The predictable bounce has come up to just below the predictable resistance parameter.  Just for fun, here is a 30 minute chart of SPX.  Click to expand.  2065 is the…

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February 5, 2015
NFTRH Interim Updates

Market Update

Usually on Wednesday mornings we do a standard ETF update.  But given the interesting things happening across several markets, this morning I thought I’d do a freer flowing update.

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February 4, 2015
NFTRH Interim Updates / NFTRH+

NFTRH+; SPY

This is very similar to a previous update that worked out well shorting SPY.  The parameters to short are very similar, the current level up to 206. A rise above…

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February 3, 2015
Stock Market, US

Biotech Inverse the Stock Market Lately

Isn't it interesting that one of the few sectors in an unbroken bullish uptrend, the Biotechs, are down hard today as the stock market gets the relief bounce (a bear…

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February 3, 2015
NFTRH Interim Updates

SPX Key Parameters

The potential bear trap and bounce noted in yesterday's update is following through today and now it is time to set its parameters. To keep things simple, let's use a…

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February 3, 2015
Economy

ISM Eases Again, @ 53.5% for January

Respondents' comments are more positive than the actual data.  The west coast port shutdown seems to be a wild card effect here. I have highlighted the items that are notable.…

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February 2, 2015
NFTRH Interim Updates

Commodities & US Dollar

We have been expecting a correction in the USD to come about sooner or later.  With crude oil up again today I wanted to give you a view of the…

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February 2, 2015