I think that I think the stock market can continue to bounce here, but 2 (among several others) internals indicators remain bearish. The Transports are
Category: Market Indicators
“Harbinger of Doom”: Amigo 3 in Play, But Real Doom Awaits
“The Harbinger of Doom”? Of course we (well, the media) are talking about the yield curve AKA Amigo #3 of our 3 happy-go-lucky riders of
The Consumer Foretold the Correction
The relationship between Consumer Discretionary (and its big Amazon component) and Consumer Staples is an indicator on risk tolerance vs. defensive behavior in the stock
Negative Signals From Junk Bonds Continue
A holiday week is always a little dicey, but NFTRH’s Market Internals segment has been turning more indicators from green to neutral to red over
A Progression to the 4 Horsemen of the Apocalypse
I preface this post about bearish indicators with a note that I am currently long only, in the form of SPY and IWM (while looking
2yr Yield & 3 Mo. T-Bill Yield Report ‘Still Bullish’
In the previous post we illustrated a measure of extreme stock market over valuation in comparing the dividend yield of the S&P 500 to that
Yield Curve – Is This Good Or Bad?
Tell me, is it good that the Yield Curve has not come close to the dynamic quick fire performance it had during the February market
This Indicator Set is Still Intact for Risk ‘On’ Trades
There are a lot of failing leadership signals and the market’s got bad breadth, but this one persistent signal just has not given up the
SPX/Gold, 30yr Yields & Yield Curve – Amigos 1, 2 & 3 Updated
We began the Amigos theme last year in order to be guided by the goofy riders during the ending stages of a cyclical, risk-on phase
Yield Curve Status
The flattening yield curve has attended the boom in the US economy and the bull in the US stock market. A change in the flattening
SPX/Gold Ratio, Long-term Yields & Yield Curve (3 Amigos Updated)
It has been a long while since the last Amigos update because frankly if the characters, images and shticks I invent to portray market status
Who is Lying, BKX/SPX or Inverse Gold?
[Warning: confusing post alert!] The BKX/SPX ratio (Banks vs. the broad stock market) used to be a consistent traveling companion to the inverse of the
Silver/Gold Ratio Pops & This Morning’s NFTRH Update Now Public
A rising Silver/Gold ratio (SGR) would be positive for the global equity ‘anti-USD’/inflation trades, including several US sectors, commodities and the precious metals. For the
Yield Curve Steepeners
To the 2 Horsemen (Gold/Silver Ratio & USD) we should add Amigo #3, the Yield Curve as another important macro sign to watch for. The