Arista Networks stock (ANET) is flying in blue sky It was an opportunity taken (by me, and any subscribers following the Trade Log who might have had interest) and opportunity…
Earlier we noted the yield curve spiking from deeply inverted to less inverted. That will be a big time negative signal if it continues and starts to steepen in earnest.…
The 10yr-2yr yield curve is spiking impulsively and unlike the steepener into 2021 it ain't inflationary. We know that because nominal Treasury yields are dropping, not rising. If this continues…
The Empire State Manufacturing survey is bad Here is the report (PDF) from the New York Fed. Let's just take a visual journey down the road to disinflation/deflation and economic…
Gold and Silver, daily charts and the Silver/Gold ratio Treasury bonds are positive, the 10yr-2yr yield curve is ramping (in a steepening direction within its inversion) and Credit Suisse bank…
The NFTRH view has been for a macro transition from inflation (past) to 'Goldilocks' (present) to deflation (later) Since projecting the Q4-Q1 broad market rally back in November, we have…
Agricultural commodities are in decline while Livestock are ramping Here on CPI day, I thought it would be interesting to look at agricultural commodities along with the livestock that consume…
A visual update of the macro as it swings in favor of the gold mining sector. First, nominal gold took out the SMA 50. Next objective would be a new…
A short snapshot of a couple items for your review. The USD index (DXY) is testing the SMA 50 right now. It never made it to our target at the…
The inflation cycle comes to an ignominious end with the banking sector's theatrics Or I should say that the inflation cycle is coming to what certainly appears to be its…
The government is stepping in to bail out SVB depositors and the banks are still tanking. Graphic is linked to the article. As a side note, the government says that…
Fed Funds Rate projections from CME Group adjusted from +.5% yesterday to +.25% today Silicon Valley Bank implodes and voila, the Fed Funds Rate projection dropped on cue. I will…
The banking sector is breaking down in relation to the S&P 500 [edit] SV Bank meltdown! Shows how closely I follow the news of the day. Obviously consistent with favored…
