In other words, an indicator pitting Consumer Discretionary vs. Staples is making a move for market bulls. Was today an April fools joke? If not,
Category: Market Indicators
Gold is Skyrocketing the Last 2 Days! vs. Palladium, That is
Gold is exploding off the lows… in ratio to Palladium. That is not good macro signaling for the risk ‘on’ contingent and it is not
A Look at the GLD/SPY Ratio
Because why not? The inverse of our old friend Amigo #1 (SPX/Gold ratio) is a primary macro indicator, after all. When last we looked at
SPX/Gold (SPY/GLD) Ratio
SPY/GLD is at an… anyone? Bueller? Yes, it is at an important juncture on the daily chart as it nudges the underside of the SMA
Consumer Discretionary vs. Staples Flips Back to Negative
Just one of a constellation of what seems like 100s of potential market signalers (see SPX/Gold, GYX/Gold, Copper/Gold, TIP & IEF vs. TLT, Junk/IG and
Copper & IM vs. Gold
Here is a weekly chart from NFTRH’s Market Internals segment showing Copper and Industrial Metals vs. Gold. In other words, showing cyclical metals vs. the
Remember Michael Pollaro and TMS?
Michael Pollaro used to have a blog at Forbes with which he highlighted the ‘True (Austrian-based) Money Supply’ (TMS) among other macro market indicators. I
Bear Killer?
This chart of the Equity Put/Call ratio is a regular feature of NFTRH’s Market Sentiment segment. It’s really a bit of a dullard as sentiment
Gold vs…
This is not gold buggery. These are market indicators to be used in gauging which way the cyclical winds are blowing. Here is a snapshot
10-2 Yield Curve Not Steepening But 30-5 is…
Everybody (including me) is watching the 10-2 yield curve. While the media and mainstream analysts make a big deal about its proximity to inversion that
Who’s Leading You Astray?
From NFTRH 537’s Market Internals segment… “Who’s leading you astray, nominal Junk or its hidden bearish indicators?” Junk has since made a new high. Whee,
Gold vs…
Daily charts of Gold vs… Gold vs. SPX Gold vs. ACWX Gold vs. GYX Gold vs. CRB Gold vs. WTIC Gold vs. UDN (global currency
Amigos 1 & 2 Arrive, #3 Still Out There (as yield curve flattens)
The 3 Amigos were a blogger’s way of not boring himself to death while fleshing out important macro indicators month after month. Amigo #1 (SPX/Gold
Silver/Gold Ratio: Rubber… Meet Road
A self-explanatory daily chart of silver/gold (SLV/GLD). One of our ‘inflation trade’ signalers is approaching daily chart resistance while still in its downtrend. Break through