The Medical Device ETF is breaking a trend line We have tracked market leadership by the SOX>NDX>SPX chain closely in NFTRH. It is one of the keys to an ongoing…
A look at gold and silver futures daily charts, considering the positive (on 30yr average) seasonal and constructive CoT of each metal. Gold is bumping up above the daily chart…
Copper/Gold ratio teases cyclical inflation bulls and bears alike, but... ...it's going to break one way or the other soon enough. If you value gold's standing in relation to industrial…
As noted in the weekend report I am giving BTC/USD the benefit of the doubt pending the support at the top of green shaded cluster from September but wanted to…
With respect to the previous update, let's also take a look at the Silver/Gold ratio (SGR) which, as a "metallic credit spread" along with its opposite twin, the Gold/Silver ratio,…
Junk bonds (HYG) have held above the 50 day average, indicating that risk is still 'on'. Junk/Investment Grade (LQD) has recovered strongly and is flipping positive as well. Junk/Treasury (20+…
Ref. yesterday's post with the oh so pensive trader with a southward pointing chart over his shoulder. Today it is a brighter picture as two calm gentlemen go about their…
...from the perspective of Asian and EM investors. Well, nearly a year anyway. This after the ratios got bombed after the 2020 COVID hysteria faded into the inflated global recovery.…
Just a moderate priority update, with picture of the US market leadership chain. SOX/NDX, NDX/SPX and SOX/SPX are all firm today and maintaining the 'intact' status noted in NFTRH 686…
Small Cap (Russell 2000) iShares is at important support The chart of IWM implies that the correction needs to end sooner rather than later or some markets are going to…
Click graphic, get hysterical media news (actually, I have not bothered to read it but judging by this trader's face... :-))... This guy is a classic and the waterfall stock…
The nominal gold price is slithering along the moving averages Gold is trying to take out the daily chart SMA 50 & 200. Trying being the operative word because this…
Last week in an update we reviewed the gold price as adjusted by commodities and stocks with gold becoming constructive vs. commodities and global stocks (ACWX) but still inactive vs.…
Omicron is front page news as the COVID spikes that we reviewed (ref. Reuters COVID Tracker, h/t subscriber FG for the link) as the 4th wave of infections reviewed back…