NFTRH 743
Into the Sunset FOMC Rides... ...with man, machine, a crazy payrolls report and the usual mayhem in its wake we end the week as it began, with respect to the…
Another Golden Cross, another heartbreak and a price paid by believers in this TA novelty It usually, if not always, goes this way. As noted on January 24, the Golden…
The gold price is getting hammered, but its ratios generally are not... And that means something. Using the associated ETFs... Gold price adjusted by the silver price: not hammered. Gold/Silver…
I've been mentioning the seasonal low that Natural Gas tends to make in February. Here is the graph. If it were to follow this map it would make a low…
Inflation expectations are not buying the blowout January Payrolls report The 10 year breakeven inflation rate has been declining (the 5 year is similar) for the better part of a…
January payrolls boomed at +517,000 You can click the graphic to get the details from BLS: I was quite taken aback by how strong the January Payrolls reading was. While…
Gold is cracking below 1920 (currently futures are 1901). Silver is cracking out of consolidation below key resistance and also poking through the daily SMA 50 (currently futures are 22.95).…
This morning we noted... Point being, the GSR has not broken down. It is pulling back on the concept of “Fed relief” that we’ve been discussing for months now. In…
Energy down. Copper/industrial metals down. Gold/Gold miners down. Makes sense. Only it doesn't and in the best of the bull it won't. But we have been managing a coming interim…
Daily & weekly charts of SPX SPX daily is on plan as it takes out the next resistance level and looks to fill the open gap at 4219. It would…
A whiff of Goldilocks, on cue... As inflation fades but the economy remains intact. Amid the Q4-Q1 broad rally projection and specifically due to our view of fading inflation signals…
In that they are rallying with the broad global macro, gold and silver - along with the miners - are still nothing special. I expect them to be special in…
GDX options per NFTRH+ update yesterday Yesterday we did a little in-day micromanagement of GDX in an NFTRH+ update based on some hints I was seeing. I have opened the…
As FOMC readies its .25% rate hike today… In 2021 and 2022 we called the Federal Reserve "tardy" on several occasions as they doggedly held to their "transitory" inflation stance…