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 on and on it goes...),…
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 on and on it goes...),…
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 metal of relative counter-cyclicality. The…
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 used to read him fairly…
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 indicators go as others are…
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 of gold vs. some other…
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 is not the important point.…
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, party on Garth! Junk/Investment Grade…
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 proxy) And as a wild…
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 ratio) got home and dropped…
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 and hold and the trade…
In January of 2018 we noted a cyclical leader (Semiconductor Fab Equipment) in trouble: Semi Canary Still Chirping, But He's Gonna Croak in 2018. We also ran a series of…
A few interesting pictures 'vs. SPY'... Gold miners have risen vs. SPY since early September. Treasury bonds, hated by absolutely everybody (except maybe readers of this website) in September have…
I am on record as leaning toward a seasonal rally (with the FOMC wild card stuck right in the middle of the deck), but it has been elusive as we…
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 negative today, in an intermediate…