Copper/Gold ratio confirming favored macro view
The Copper/Gold ratio continues its breakdown As if on cue to what NFTRH 754 had to say last weekend: However, I am most interested in copper for its signaling vs.…
The Copper/Gold ratio continues its breakdown As if on cue to what NFTRH 754 had to say last weekend: However, I am most interested in copper for its signaling vs.…
A quick look at two items, the guide for a bullish market (QQQ/SPY, also noted in NFTRH 754) and XLV/SPY (which is a defensive sector vs. the broad market and…
It's been two decades of pain with interim bullish flashes in gold stocks, and the herds are painfully aware. They've learned their lesson and now they'll miss a coming opportunity…
Gold stocks eye silver's leadership Silver's CoT is in decent shape. Silver has been leading gold. Silver is STILL leading gold despite the sector pullback/correction. In not having had a…
The market is tightening credit conditions again. In other words, it is projecting a sill-hawkish Fed. This is where we lay waste to all the hopes, shills and promotions about…
Semi led Tech in Q4, 2022 and Tech led the broad after that, but now the Semiconductor index, the leader, is showing signs of weakness Is the negative divergence in…
The Palladium price is bouncing hard We have been noting down-trending Palladium price week after week in NFTRH as a footnote of little importance. But this week Pd is finally…
ES and NQ are set to each tick a new rally high ES and NQ are laggard and leader, respectively. ES (S&P 500 futures) wants to follow its leader in…
The GDX Gold Miners ETF takes a well deserved pullback, as if on cue Of course I was clueless that a pullback would come today. But it was my job…
A monthly chart view of the gold price projects a break to blue sky, but needs to confirm a breakout first (and endure the noise of an 'in the bag'…
#753 is going to step away from the normal standard format of covering market segments and indicators in orderly fashion and just get down to business. I want to be…
A brief meeting it is, but I want to tell you that I am gaining interest in the USD A-B-C downward correction theory discussed in NFTRH 752 using this chart.…