Doctor Copper Pokes Higher Still, But No Prescription Yet
Copper lurched higher today and like the stock market, eased its enthusiasm a bit into the close. Click for a better view. I think you can sort of tell the…
Copper lurched higher today and like the stock market, eased its enthusiasm a bit into the close. Click for a better view. I think you can sort of tell the…
The tweet says it all. A problem with the president's logic is that crude oil is part of the cyclical, risk 'on' macro amalgam. The Saudis did not decide to…
[edit] Also see this post on inflation/deflation excerpted from NFTRH 525, hot off the presses. Crude Oil and Industrial Metals continue downward. This is significant per this NFTRH monthly chart…
It's an over obsessed upon commodity, previously hyped for its (Hubbert's) "peak" status by "experts" like T Boone Pickens and a whole clown show of promoters amplified by the media…
It sure is not positive economic - or for that matter inflationary - signaling as Industrial Metals lose the short-term consolidation and break down on Monday and Tuesday. That also…
With a full slate of broad market 'internals' indicators and gold stock charting in NFTRH 519, there was no time left for a gold sector fundamentals view (except for one…
It's not so much an overbought chart (it can certainly move higher, mind you). It's that I am not an inflation bull; not yet and not until the limiter on…
To celebrate NFTRH’s 10 year anniversary (Friday, Sept. 28) I’d like to present one segment from this week’s report, NFTRH 518 each day until Friday. These excerpts will give you…
Palladium is breaking above the 200 day moving average today and I think it means something... un-bearish. I have been as mentally whipsawed as the next guy trying to mesh…
So the Trade War Food Fight (TWFF) has hammered Doctor Copper and his Industrial Metals pals of late, along with the strong dollar (now taking a much needed pullback). But…
The title is just an excuse to reference an old market saying about copper as the metal with a Ph.D. in Economics. I think that is just so much noise…
Using the multi-panel charts from the NFTRH Commodities segment we see a broken situation on the daily view. Crude oil clings to its uptrend as does the Uranium holder. But…
From NFTRH 506: Cyclical Palladium is still in breakdown mode. Not good for macro bulls if this persists. Platinum still appears headed for the test of the 2016 low, which…
People look at the Doc, with his Ph.d. in Economics as a key cyclical indicator. The Wall Street Journal gave investors handy reasons why Copper was under performing broader commodities...…