Gold poked above the SMA 50 and 1200 level. This is its minimum requirement to get bullish. Above 1240 and then 1260 would be very constructive. Gold has taken on…
Some really important charts to interpreting the macro... Sorry sports fans, but gold has still not established a daily up trend vs. the US stock market. Not yet. Gold vs.…
One rider seems to be stating that the other rider is not long for its rally. Isn't this a turn of events? Uncle Buck up, stocks down, commodities down and…
Here is the progress of the 4 US indexes noted as we began our Gappy New Year... RUT is entering the support zone with the gap down below. NDX is…
First report of 2015 and it seems to be well grounded and on plan. This one helped me personally to qualify and quantify my views as to where I think…
For a day at least, several items I have been holding, trading and noting in NFTRH as seasonal plays are getting peppy, even with the Russell 2000 in the red. …
Junk bonds have bounced with Santa (nominal HYG, top panel), but have remained locked in downtrend all through the bounce. Further, Junk vs. Investment Grade and long-term Treasury are still…
Pardon the previous edition of this post. I imagined that the curve was rising, but it is in fact dropping a bit today as the market flies around post-ISM. As…
I have highlighted the more relevant items with green being positive and red not so much. Not a bad report, but there is slight deceleration in the workings of this…
It looked like a few rats tried to jump ship as the bell rang on 2014. But it is hard to trust any one day or week as a guide…
The beaten to a pulp yield curve has been quietly rising the last few days. Here is today's view of a gentle rise as nominal yields on all durations decline. …
This is a striking view of the increased oil production in the US since the 2008 financial crisis. This is a view of Texas employment in Oil and Gas extraction…
It is not that big a big deal since December is the month when the rubber usually meets the road for last minute tax season buyers of high end machine…
I wanted to give you the latest snapshot of the precious metals as we wind down into the new year. GDXJ is breaking above a short-term downtrend line today after…