NFTRH+; post-FOMC, gold on plan, SPX parameter
Gold held below the SMA 50 (ref. NFTRH 761) and is dropping post-FOMC because, of course it is! It's FOMC week and the Fed is talking tough and the inflation…
Gold held below the SMA 50 (ref. NFTRH 761) and is dropping post-FOMC because, of course it is! It's FOMC week and the Fed is talking tough and the inflation…
I am a man who stares at charts. I see patterns and I get excited. I realize this is a noisy week with market regulators front and center and indicators…
Dynavax stock (DVAX) heads upward after strange down move Dynavax stock (DVAX) is one I've held, traded and profited on repeatedly. It's my own pick, the product of some research,…
After a Fed rate pause (or "skip" as they're billing it) in June, July will be the key meeting As noted in yesterday's post, a Fed rate pause for June…
As long as silver (SLV) lurks here at the neckline on this chart from last week's update, this precious metals leader is still in the game. The neckline (green dashed…
We've been tracking the Gold/SPX ratio as part of a host of other gold to market ratios. But this is the one that is closest to breaking down and given…
With inflation fading, FOMC preps its "decision" on the Fed Funds Rate With inflation fading as yesteryear's news, Goldilocks continues to hold sway. It's been a year now that this…
[edit] My mistake; ES took out the August high but SPX remains perched below it. However SPY, when viewed by a chart that factors dividends, is above that marker. So,…
This would be an appropriate time for gold's ratios to stocks and commodities to hold and turn back up. With SPX in the preferred target zone of 4219 to 4300…
The 3 month T-bill yield continues to signal oncoming bear market Look, NFTRH projected the rally back in Q4, 2022. Therefore, this post is not coming from a perma-anything. It…
NFTRH 760 used a weekly chart, so today let's dial in the daily view for some good perspective on the current situation. While we are open to a rise all…
Silver (SLV) has formed a little inverted Head & Shoulders pattern with a measurement to around 23.25 that would fill the gap (down) in May at 23.16. If it plays…
US manufacturing (ISM PMI) has dropped in sytematic, robotic fashion over the last 12 months From an index reading of 53% in June, 2022 to 47% today, the sector has…