For several weeks now, we (NFTRH) have been managing the potential for a bounce in the precious metals. This was primarily based on over sold readings, a gold bug 'puke'…
It's 2 trading days since our Hammer Time post, that foretold a bounce. Talk about a tough market. Up, down, up, down. The S&P 500 already set a record last…
So Friday's post was on the mark. Great, the bounce is here. But what are we left with? Why, a Symmetrical Triangle that is forming on the S&P 500. These…
NFTRH 355 takes the balls in the air, tops spinning on the table and the up and down market whipsaw and attempts to distill it all into a sensible narrative…
I covered a leveraged short in Small Caps, though I maintain a straight out short on SPY, which I have been holding for maybe a couple months now. I even…
Gold (GLD) vs. a grab bag of commodity funds...
I find it interesting that July Payrolls was pretty decent, the US dollar firmed (apparently with firming expectations of a Sept. rate hike), some stock markets and commodities are weak…
Our guess is off by 20k. As expected, it was 'services' that led hiring in July. Full BLS release here.
With the soft ADP the other day and other signs of economic flattening, some people may be looking for a weak Payrolls report tomorrow. I am going to take a…
DUST had a look of bearishness to it, which would have gone hand in hand with a bounce in the gold stocks that I have been more expecting than not. …
Yesterday was wax off because as the media rationalized, some Jawbone was talking tough on interest rates (as in a September hike is on). Today wax is on because well,…
Some handy graphics from FloatingPath... Factory Orders increased in June (note: USD was weak in June) and had been on par throughout the 'expansion' after the big reversion in 2009. …
Ha ha ha... well, with the way he commands the respect of reformed gold bugs it almost seems as if gold will not rally until Marty says gold will rally.…