The ratio of Junk to long-term Treasury bonds is an indicator of the will to speculate in financial markets. Is the large relative sell volume a sign of capitulation prior…
Participation from the S&P 500's 'equal weight' components is thinning out markedly after putting on a mini-surge in June. That is in line with what is going on in Tech,…
As more market segments weaken, including those not benefiting due to his unfulfilled promises, the Tweet machine at the White House continues to tempt the market godz. Christ, maybe that…
In line with our bullish forward view on USD, behold the very bearish state of the Commercial Hedger positions in the Euro (courtesy of Sentimentrader). Recent historical data speaks for…
This is the standard weekly chart of the USD index and USD vs. other currencies reviewed each week in NFTRH. We also use a daily version to tighten the focus…
Some people ride through corrections, others sell everything and still others do some form of mitigating and hedging. Regardless, the water in the pool has a little turd floating around…
Once again I go fan boy and highlight another report from Floating Path. Having the economic and financial data that Nick aggregates in handy graphics is something that I find…
Doing the gold/currencies charts in the previous segment and reading Steve Saville's piece called What is a Bull Market?, which compares gold and the S&P 500, I decided to check…
An email from a reader (of the eLetter, I think) calling me out on trying to make too many correlations in a dysfunctional market (I think that was his bottom…
Recently we noted how the XLY/XLP ratio had broken upward from the dome to seemingly challenge the message of the 2003-2007 comparison to the current period (2013-2017). Here is the…
Some daily charts of market indicators that could come into play at any time. [edit] I forgot Staples vs. Discretionary; let's pop it in here and ask whether it was…
As noted in NFTRH 445, XLY (consumer discretionary) vs. XLP (consumer staples) has disregarded the 2007 memo and broken its dome upward. That is very un-2007 and a higher high…
The Palladium-Gold ratio (weekly) has furthered the scenario that it could be starting a new 'Chop & Grind' phase like the one that preceded 2015's market top (that wasn't); i.e.…
No additional words, other than to say that the chart says all it needs to say. Subscribe to NFTRH Premium for your 30-45 page weekly report, interim updates and NFTRH+…