SPX; a bad chart
SPX and its US index fellows are in rough shape. That's a Captain Obvious statement, but we've been tracking the degrading situation by weekly charts like the one at the…
SPX and its US index fellows are in rough shape. That's a Captain Obvious statement, but we've been tracking the degrading situation by weekly charts like the one at the…
[edit] I am thinking about ways to bring communication with subscribers to a more intimate level, where I can be available to answer questions and subscribers can add input, etc.…
Our flight back from Key West had a detour as jets cannot fully fuel up in Key West due to its really short runway (you should see how they slam…
Subscribers will understand the macro implications of a breakdown in the ‘V’ and the ongoing downtrend in its relationship to the Canadian TSX index. Anyone else should realize at the…
Last day of vacation, which I have committed to and enjoyed. Wife is understanding today as I ease back into work mode for a bit. Copper/Gold ratio is bent but…
[edit] I wanted to mention that there are still many charts with intact trends. Personally, if something loses trend I have probably sold it and if something is not favored…
My wife: “You suck at vacation.” A few notes after Powell jawboned the market yesterday: The thing I find annoying about the market’s reaction is that Powell is merely stating…
Gold (not cyclical, less inflation-sensitive) vs. Copper (the metallic economic doctor) Because it can be tiring looking at the Copper/Gold ratio every week, let's flip it over to the counter-cyclical…
Two extreme sentiment indicators said 'rally' [edit] Okay man who stares at chart, make a post in pre-market and see the thing reverse at open. NQ chart below is still…
The HUI/Gold ratio (HGR, precious metals 'internals' indicator) is still completely on trend after a not unexpected rough day for the precious metals. It is interesting to me that the…
Considering the flat out epic over-bearish AAII sentiment reading and the nearly as extreme Investors Intelligence, I decided yesterday to give this chart from NFTRH 702's Market Sentiment segment a…
With reference to the previous update, we got the gap fill (15 min. & daily chart) on GDX today. That is a good thing. It does not mean GDX needs…
As long-term Treasury yields lead the inflation trades... Let's remember that the Yield Curve is once again steepening and a new steepener can be inflationary (likely von Mises crack-up style),…