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NFTRH Interim Updates

SPX @ Target #1

The bounce has made it to target #1.  Higher potential remains at 2050, but this is a valid bounce target as well.  If SPX is going toward 2050 however, that…

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August 27, 2015
NFTRH Interim Updates

Market Update

What a week; and I am not talking just about the markets!  I spent all day on jury duty yesterday and by the time they finally unshackled me I saw just how volatile things had been.  I also saw that my ‘bounce’ gains had evaporated into the close.

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August 26, 2015
Currencies

US Dollar Updated

The US dollar has bounced back to a resistance area.  There is more resistance up above from 96 to the 50 day moving average. For perspective, the monthly big picture…

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August 26, 2015
NFTRH Interim Updates

Market Status

A quick roundup as one of the commitments I have this week is to go to court this morning and sit in a pool of people hoping not to get picked as a juror.

Using the SPX chart below as a guide, we see that US markets have now challenged the October lows (some held above and others poked below) and the test is on.  It looks like a logical bounce is trying to get going in pre-market.  Click graphic for live quotes…

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August 25, 2015
Financial Markets

YTD: Even Steven

YTD most markets are down.  I am even.  Okay, who cares?  Being a cranky risk manager, I've underwhelmed for a long while now.  But it gives me the feeling that…

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August 24, 2015
Market Indicators

Gold Ratios, Day 2

Friday we did them over at Biiwii and today we'll catch up with gold's ratios to other items here (where charty type posts are the norm) on day 2 of…

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August 24, 2015
Currencies

USD Along for the Ride

Unlike 2008's hysteria, the US dollar is part of the downside, not the obvious liquidity destination (at least as implied by its price action).  That role in the short-term at…

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August 24, 2015
NFTRH

NFTRH 357 Out Now

#357 is about road maps for the US stock market.  There is one road map for the immediate-term, one for the next 1-2 months and then another, which will be…

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August 23, 2015
Stock Market, US

US Market: Friendly Reminder

A friendly reminder to the bears.  Though what is going on in the markets seems awful and indeed could be signaling macro changes to come, the US stock market is…

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August 21, 2015
NFTRH Interim Updates

Priority Update, Important Semi Data & Market Notes

[edit] I neglected to include the link and this quote... "Year-to-date, the bookings and billings reported in the SEMI North American equipment book-to-bill report indicate a solid year for the industry,"…

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August 21, 2015
Currencies

Updating Uncle Buck

With so many former hyper inflationists now schooling us about deflation, it is only fitting that Uncle Buck continue to turn his suspect status toward bearish status.  It is in…

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August 20, 2015
NFTRH Interim Updates

Precious Metals ‘Bounce’ Targets

This post is not a call to action because all of our orientations are different.  For example, a trader would have played the bounce.  An investor - especially in light…

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August 20, 2015