[edit] It's a little promo-ish, but I did not solicit it and the whole back and forth is important IMO in delineating the boundaries between b/s and rationality... Gary -…
In NFTRH 327 we noted that the markets were at a decision point, sitting in a neural zone for the short-term. An example of this neutrality being the S&P 500,…
Excerpted from this week's Notes From the Rabbit Hole (NFTRH 327), a 35 page report covering economic data and indicators, US and global stock markets, commodities and clear technical and…
The 'top down' macro work continues and frankly, I am too fried to try to detail what a good report I think #327 is. But it is high quality stuff…
Stock Markets The US market is now just about at the limits of a 'bounce' vs. 'bull continuation'. Using SPY as an example. Junk bonds, while still in a downtrend,…
Yesterday we updated the hit to the miners and that update still looks valid. It looks like the reaction is just that, a reaction. But also note that the miners…
There seems to be a cottage industry out there, led by a very smart man with a very smart computer, who calls anyone who says anything bullish about gold a…
Last week when GDX pulled back hard we reviewed an NFTRH+ update and target of 23. Yesterday and this morning it hit that target and today, poetically, comes the next…
Gold-Silver ratio continues to imply that Uncle Buck can take a break and that inflation-sensitive items may catch a break. Subscribe to NFTRH Premium for your 25-35 page weekly report,…
A snapshot of current daily technicals…
Precious Metals
GLD broke up from the pattern neckline and smashed through the SMA 200. That area around 120 is now key support. Upside target measured off the pattern has been around 128, where it would be very over bought.
The 10→5→2 spread is settling down again today, with all yields down. There is little sign of systemic stress today by this measure, although a more risk 'ON' look would…
The last time this chart was shown, just 1 week ago, it was in channel breakdown mode for the first time since the Age of Inflation onDemand © began in…
As posted at Biiwii... Improving Macro Backdrop In light of a shifting global macro backdrop that we can finally sink our teeth into with respect to a bullish orientation on…
There is a lot happening across global financial markets. We go in depth into US stocks, review global stocks, make sharp points about commodities, cover macro indicators in depth and…