Here is just one picture from said whipsaw, and its an important one as a cyclical indicator; Industrial Metals (positively correlated to the economy) and gold (generally negatively so). A…
We began months ago, noting the 3 Amigos destined for their goals. Here's a post from November 2017 explaining the macro fundamentals involved: Updating the 3 Amigos of the Macro…
With the big bounce back in long-term Treasury bonds (as yields got slammed right where the Continuum's limiters projected they would) we have Amigo #2 in the books. Remember that…
In February Amigo #2 braced for 10yr & 30yr yields to hit their limiters as noted by the black arrows. We noted that while this was a warning, no real…
So yesterday market participants were instigated by the media to get hysterical about interest rates. I saw a prominent headline talking about how a market expert (whose name escapes me)…
The Bonds segment of NFTRH 491 took a turn to tin foil territory to allow the letter writer to expose newer subscribers to his ideological views and thus, bias. #491…
Gold/Stock Market shot upward with the market disturbance and has been flagging back to the top of a short-term 'W' bottom. If renewed market disturbances are in the offing, the…
Despite a tough week for stocks into Friday, February 9, three big picture macro indicators have continued to support a risk 'on' backdrop. Many of the shorter-term indicators we watch,…
Because it is so important to our macro work, let's update again the counter-cyclical metal vs. some positive cyclical items, using the respective ETFs. Gold/Oil continues to work at grinding…
Amid the sick theater that has been the US political sphere and by extension, the stock market, I just tried to stay unbiased (in action, at least) and churn the…
Amigo #1; Stocks vs. Gold This Amigo has a ceiling that is higher when viewing monthly charts, but the daily is coming under pressure, depending on whether or not pre-market…
Amigo #2 made a big pop today and as such continues to rise with #s 1 (Stocks vs. Gold) and 3 (the 10-2 yield curve). Amigo #2 is actually a…
[edit] See also Steve Saville's discussion of the yield curve. Well, after one down day in the markets why not put up a cautionary article? Quick! Scour the internet... who's…
[edit] I realize this theme could be wearing on some people, but with all the subtlety of a sledgehammer I am going to pound it until it either aborts or…