ISM to Bounce?
A few days ago we noted the small bounce in machine tools and other capital equipment orders for March. Yesterday the Chicago PMI came in firm. Today is Markit PMI…
A few days ago we noted the small bounce in machine tools and other capital equipment orders for March. Yesterday the Chicago PMI came in firm. Today is Markit PMI…
Here is the latest on USD's progress... Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas or…
Ref. a public post about the $RUT this morning. It showed support after a wedge breakdown. RUT is losing that support so far today.
Over at Biiwii on Monday we noted that a momentum leader to the US stock market - the Biotech sector - was abdicating leadership in favor of the momo driven…
I don't control 'em. I just read 'em. Uncle Buck approaches the lateral support cluster we have been watching. Also, you will recall there is a trend line from last…
I already own LSG, so please consider that I am talking my book. It has been noted that NFTRH+ updates need technical parameters and gold miner Lakeshore Gold has that,…
By way of Robert Prechter's Elliott Wave Theorist, which itself presented the following by way of Peter Eliades, comes this analysis of the S&P 500 from a time-cycles perspective. The…
My phase of time stresses as noted in NFTRH 340's opening segment is kicking in a bit, but darned if I will miss the notable things like HUI below. So…
Courtesy of EDA, here is the data graphic showing a small bounce in Machine Tool sales in March... As well as in equipment for multiple industries... It's not a big…
The weekly chart of the Biotech index kept us on a bullish orientation in the market, frankly for longer than I wanted to have that orientation. Today, the BTK is…
Here is the USD, losing the 50 day moving average. This is another marker along the way that keeps the correction target of 94 open.
A sleek and flowing 25 pages, NFTRH 340 was emailed to subscribers this morning. It continues a theme of quieting down the theory and focusing on what is happening. We…
Well, here comes old friend Silicon Motion back down to earth. Apparently news of an acquisition has induced profit taking in this quality Fabless Semiconductor company based in Taiwan. Due…