NFTRH 828
Notes From the Rabbit Hole, #828 Summary US Stock Market: [Last week] SPX double top morphs to a bullish looking pattern, as if by magic. Or as if by hopes…
The financial media appear to once again be leading the public astray about the Yield Curve situation The media pounded and pounded the yield curve's inversion as a signal about…
It is just one way of viewing the bull market, but the relationship between T-bill yields (Fed Funds proxy) and the HUI Gold Bugs index is an important one. We…
First off, I don't love that a majority of CME traders now expect a 50bp cut today, because it leaves wiggle room for the Fed to serve agenda, should it…
If the 2yr yield is leading the 3 mo. T-bill yield (it is), the 10-3 mo. yield curve will follow the 10-2 yield curve I've used this chart repeatedly to…
The 10yr-2yr yield curve has un-inverted; yet in the media? Crickets Slowly I toined [cue Brooklyn accent], step by step... The 10yr-2yr yield curve un-inverted last week, turning from inversion…
The New York Fed's September Empire Manufacturing Survey trends back to positive My economic thesis is for contraction and a counter-cyclical environment. So the September Empire Manufacturing Survey flies in…
Many gold stock traders will hold for the wrong reasons, sell for the wrong reasons, and not buy back for the right reasons It is one of the most interesting…
The 10-2yr Yield Curve has un-inverted In a move that is getting all too little airplay in the financial media, the 10-2 yield curve has ticked positive and is currently…
The previous update covered the short-term situation, using GDX. This update will cover HUI daily, weekly and monthly charts as a reminder to our goals for this rally. First, HUI…
Gold miner New Gold (NGD) is recovering nicely Why not? Why not write some fun to write posts on individual positions (miners or otherwise) once in a while, instead of…
In pre-market, GDX has broken through the SMA 50 (blue) at 38.02, and is making an attempt to fill the down gap from last week at 38.34. It did not…
Today, legions of chartists ply their trade with ever fancier charts and (in my opinion) ever more erratic results I'll begin this post by noting that I love charts. I…