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…
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…
It's the Q4-Q1 relief play, baby It's getting easier and easier now to be bullish, but that is the product of FOMO* in the herds. Hence, today was my last…
The 2 year Treasury bond yield, T-bill and S&P 500 beg multiple interpretations I called the 2 year Treasury bond yield the most important chart in the world the other…
Long-term Treasury yields are rising this week within their intact daily uptrends. Bearing in mind that we are in the midst of a silly season, where I don't think market…
Relief provided by an easing October CPI 'inflation' report the trigger It was bound to happen sooner or later. October finally showed an easing comp in what most people think…
"Post-bubble contraction" (PBC) as coined by Bob Hoye, may finally be at hand Bob Hoye has been talking about a coming post-bubble contraction (PBC) for many years, in my experience.…
Today could be the start of a contrary relief bounce in a wide range of markets, including precious metals. I had thought that FOMC might bring something like that as…
Hot inflation is still in the news! You can click the image if you'd like to read the hype. CME Group was and still is overwhelmingly projecting a .75% rate…
The time is now for the broad market rally to gain a following It's a bear market. The trends make that assertion, not me. But as noted in an NFTRH…
And I gotta run! Happy 4th, folks. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed…
A general update of a macro in transition Detailed work, which got us to this point intact, if a little frustrated*, is done in NFTRH reports and updates. But it's…
As the Yield Curve flattens, this inflation is different from the 2020 inflation In 2020 an inflationary yield curve steepener was in the bag as the Fed dropped and pinned…
HUI bottomed vs. SPX in December Here is the weekly chart we've used over the last 1.5 years to gauge the downside in gold stocks (HUI) vs. the S&P 500.…