Transports Diverging, But…
I can't get the image out of my head of a Dow Theorist as a mature gentlemen wearing a silk ascot and smoking jacket in a well appointed library featuring…
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March 14, 2017
*** vs. SPY
Ratio charts of various items vs. SPY (or SPX)... On a relative basis, broad commodities are not happening and neither is an inflationary backdrop at this time. CDNX-SPY is fading…
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February 28, 2017
3 New Indicator Views (vs. Gold)
We are already studying these things from different angles and time frames, but I thought I'd put two economically sensitive and positively correlated metals (Palladium and Copper) and old friend,…
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February 27, 2017
Gold-Silver Ratio and the Metals’ Fundamentals
Keith Weiner calculates strong fundamentals for both gold and silver (with gold's being better). His fundamental price of gold stands at around $1400/oz. and silver at $18.70. He also calculates…
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February 27, 2017
Gold vs. Commodities, a Bearish Divergence
It is as simple as this; you measure a counter-cyclical thing vs. a cyclical thing and voila, you have a market indicator. No single indicator is the be all, end…
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February 8, 2017
VIX Agrees With the ‘by March/April’ Rally Lifespan Theme
On Monday we noted that while the market was getting skittish and the VIX was up 17%, the VIX had done nothing, as far as indicating a bearish phase was…
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February 3, 2017
The Curious Case of Platinum, its Pall and Some Indicator Talk
This is a simple weekly chart we've used in NFTRH to watch the precious commodities, AKA Palladium and Platinum. Very curiously, Palladium has just broken through key resistance while Platinum…
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November 30, 2016
Macro Fundamental Snapshot; ‘Gold vs.’ & Yield Dynamics
A few daily chart pictures to show some repairs in progress for 'gold vs.' other asset items, which also means degradation in progress for assets and markets positively correlated to…
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November 3, 2016
Macro & Market Indicators (NFTRH 419 Excerpt)
Here are some clips from NFTRH 419's Macro & Market Indicators segment. There was a lot more information and interpretation in the original segment and the report on the whole,…
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October 31, 2016
2 Horsemen Ride Again
There was that odd period earlier in the year when the Gold-Silver Ratio (GSR) and Uncle Buck disconnected, but now all is right with the (indicator) world as the precious…
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October 7, 2016
Market & Macro Indicators
It's one NFTRH segment among many, and certainly not the sexiest of them. But it is among the more important ones in my opinion. I don't mean to be cavalier…
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October 3, 2016
It’s January 2013, With a Twist
The title was not meant as a play on words in reference to Operation Twist, but now that I think about it, maybe it should be. The Post-Twist financial world…
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September 30, 2016
‘Gold vs.’, Pre-FOMC
We are well along in the precious metals correction and have downside targets for gold, silver and the miners. In order for that to be a 'buy', the sector and…
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September 20, 2016
Indicator and Macro Geeks Only; a Visual Trip Down Memory Lane
Considering our recent focus on yields and yield curves, here's one of those lunatic macro charts trying to say too much while achieving its goal of making your head spin. …
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September 16, 2016