This is a market in which I do not trust my charts of individual stocks nearly as much as I trust the macro, ratio and indicator charts. And because those…
20+ and 7-10 year Treasury bonds look constructive Look, I don't know if it is just poetic or there is some degree of shall we say instigation [tin hat alert]…
The Copper/Gold ratio continues sideways... ...keeping wide eyed macro watchers (or at least this macro watcher) in suspense. I just don't think it is wise to be caught guessing as…
It's a solid and helpful report aligned with the times; and it's out now... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which…
CPI ramps, but real hourly earnings decline Okay, it's another 'Inflation Friday' as the November CPI ramps (click graphic, get report)... So the headline is the big inflation number. But…
US stock market indexes sporting gaps Gaps don't need to fill on any given time schedule, but unless they are pure breakaway gaps they will usually fill sooner or later.…
Precious metals still locked down With an understanding that there is always much more in play than nominal charts (the macro & sector fundamentals for example, which bounced of late…
Market sentiment was reset perfectly by Omicron & taper fears Just so you, dear public reader, know, NFTRH was well prepared for the sentiment gymnastics associated with the coming of…
The US dollar (DXY) continues to target 98 In Q1 2021 USD bottomed amid the usual suspects proclaiming "dollar collapse!" and "death of the dollar!" and inflation as far as…
Whip inflation now! The Fed really did not like the scrutiny it came under in 2021 after 2020's balls out inflationary action. We know this by early bird hawk figurehead…
After completing #684 I feel like I am on the right track as a market participant. I don't always know that as clearly during the week, but after a weekend…
HUI and GDX have joined GDXJ in making lower lows to the early November low. That was a moderate negative, technically. But as you can see, HUI is getting oversold…
The yield curve is flattening I don't cheer-lead a given view, but if I were to do that I'd be cheering for a yield curve flattener to put a correction…
