Market sentiment is much different today than it was in June Any self respecting sentiment rally would need to flip formerly over-bearish refugees and get them lusting for stocks once…
The theme was begun yesterday as we looked at the banks and long-term yields, questioning whether or not long-term yields have already pulled back enough to spur a bounce. As…
The Energy sector is recovering and that can be considered a rhyme with the state of Bank leadership and long-term yields as noted in yesterday's update. It's another 'reflation' sector.…
Gold and gold miners have two completely different utilities Gold is... A pretty rock that is dug out of the ground. This heavy rock has been assigned value by humans…
The ratio of Banks to the broad market (daily chart) is a leading indicator to the reflationary aspects of the markets. In particular, the ratio should lead or go in…
You may by now recognize Mike, who is a new NFTRH subscriber and who has had a lot of input and questions in the comments section. I think that is…
Do you see all the '!' I used in the title? I must be a TA trying to convince you of something. Sensationalism is about all that some TAs have,…
'Eliminating' is a strong word, but if the Gold/Silver ratio (GSR) is breaking down from its recent hold of the SMA 50 and upturn, then it would be beneficial to…
NFTRH 717, out now. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and…
As the markets react to lagging data, a couple of personal bright spots My brain look tends to look forward but the market's brain all too often seems to be…
BLS reports job gains of 528,000 in July Click headline, get full BLS report. This ought to keep Hazel good and busy as Americans lap up Professional & Business services,…
The miners leverage gold's standing within in the macro. So if gold is weak vs. cyclical markets/assets then the miners tend to be much weaker. If gold is strong relative…
A daily chart view for short-term reference. Gold has bounced to the SMA 50 and resistance associated with that area. Option 1: Bounce failure. Option 2: Break on through to…
Yesterday was a reminder that Fed members can and do interfere in the markets at will. Such power to move markets should be considered disreputable at best and criminal at…