NFTRH+; Steepener & its Implication for One Sector
A short and simple update this morning. The 10yr-2yr yield curve is ticking a new high off of what I believe is secondary extreme inversion to the one from March.…
A short and simple update this morning. The 10yr-2yr yield curve is ticking a new high off of what I believe is secondary extreme inversion to the one from March.…
It seems like forever ago we set out on the correction with an objective and target of filling the 'sub-28' gap. Today GDX is a tick away from doing so…
The US dollar is not taking up the hype on the retail sales beat that theoretically implies a still hawkish Fed. It resides where we last left it, testing objective…
The US dollar index has exceeded objective #1, will now test #2 It's pretty simple, the US dollar has been bearish on the daily chart time frame since dropping below…
The US dollar index updated NFTRH subscribers and I have been keeping well aware of the implications of a) USD following its daily chart downtrend, or b) painting the July…
Yesterday we reviewed still-cautionary signals. Today, let's check out an important one that may be turning positive for gold. Here is the 10yr-2yr yield curve, still inverted within its flattening…
Lately we have been noting that the fundamentals for gold and especially gold stocks have been bad and getting worse. I am trying to streamline weekly reports and not clutter…
Canadian TSX-V is holding support Note: this is Friday's close. Da 'V' is not trading today due to Canadian holiday. The Canadian TSX-V is holding the 50 and 200 day…
July Payrolls came in light, Hazel attempts to frown but her grotesque smile still lurks beneath The estimate by economists for July payrolls was +200,000. It came in light. So…
I have a hunch that the USD question (bounce turning into a real bear trap and rally or imminent failure?) may get some solid evidence tomorrow morning when July Payrolls…
The very fact that I am producing my Men Who Stare At Charts shtick means that I am practicing "pattern recognition", staring a would-be pattern that could be a Head…
[edit] I am doing some selling, regardless of what USD is doing. If items held start to look suspect in their own right, or do not fit the balance I…