Usually on Wednesday mornings we do a standard ETF update. But given the interesting things happening across several markets, this morning I thought I’d do a freer flowing update.
This is very similar to a previous update that worked out well shorting SPY. The parameters to short are very similar, the current level up to 206. A rise above…
Isn't it interesting that one of the few sectors in an unbroken bullish uptrend, the Biotechs, are down hard today as the stock market gets the relief bounce (a bear…
The potential bear trap and bounce noted in yesterday's update is following through today and now it is time to set its parameters. To keep things simple, let's use a…
Respondents' comments are more positive than the actual data. The west coast port shutdown seems to be a wild card effect here. I have highlighted the items that are notable.…
I am using Intel (INTC) as an example because it is an NFTRH+ item that has still not reached its target of 40+. That target is in doubt with the…
We have been expecting a correction in the USD to come about sooner or later. With crude oil up again today I wanted to give you a view of the…
It's all about confidence, right? Right. In 2011, when the commodity and 'inflation' trades blew out, the Federal Reserve was completely discredited, with gold bugs out front poking them in…
Another solid report this week. I know that because it helped me out yet again in trying to understand all the components in play across markets; all the tops spinning…
One would think that this improved yesterday as gold and silver got hammered badly. But as of Tuesday, the CoT data were still gathering quite bearish (for short-term reaction) against…
You see, Things 1, 2 & 3 below always were going to matter to the over bullish sector sooner or just a little later. It was sooner. I feel NFTRH…
Sorry, I couldn't resist the headline. D for Dragon. The Templeton Dragon fund, my preferred actively managed way to be long China/Asia, is declining within the would-be Handle of the…
Well, that was a heck of a post-FOMC reaction. As if the slightly redone wording actually said anything more than 'we may raise interest rates by mid-year and then again,…
The other day pre-open, we noted that the market was at a decision point. Well, it seems to have decided and it's not pretty. That's a gross looking pattern on…