‘Trump Trade’ Negative Divergence

Sure, the bounce in bonds is a negative divergence to the reflationary/inflationary 'Trump Trade'.  Sure, the post-January rise in Healthcare vs. the S&P 500 is a negative divergence.  Same goes…

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*** 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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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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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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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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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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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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‘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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