To my eye, conflicts and inconsistencies abound in today’s micro. Strong producer prices data spurs Fed rate hike talk (December is in the bag anyway),
Category: Market Indicators
At the Junction of Risk ‘On’ and Risk ‘Off’
[edit] As I do the actual work of plowing through NFTRH 472 I am noting some non-bond related indicators in line with the fading Junk/Quality
Inflation Adjusted Dow and Gold
Steve Saville has an interesting post in which he notes the difficulty in coming up with real inflation adjustments by chasing price data around (like
“Great Rotation” Ahead; Will it Be Inflationary or Deflationary?
[edit] This article ultimately leans toward the view that the reasons for a rising curve will be inflationary. But I woke up in the middle
Some Key Market Internals…
If I put some of the ‘internals’ items covered routinely in weekend reports here for public consumption once in a while subscribers can still easily
Ascot Wearing Gentlemen Wrong Again
I subject NFTRH subscribers to my warped sense of humor, so why not you dear free website reader? So, there is this particular market participant;
A Few Charts From NFTRH’s ‘Market Internals’ Segment
A few random charts from a segment that is probably not as sexy as some others (okay, you got me… there is nothing sexy in
Risk On/Risk Off? The Equity Put/Call Ratio
In NFTRH 461 last weekend we reviewed plenty of reasons why the market would probably put on a bounce in the micro-term. Among the reasons
Silver/Gold Ratio Remains Buoyant
No real need for too many words here. As of now, the Silver/Gold ratio is having its 2nd day above the SMA 50. That goes
Potential Pivots Upcoming for Stocks and Gold
Prologue: This is a bearish article written by someone who covered his short (bearish) positions today (except for the euro) and has only long positions
An Ongoing Negative Divergence for Stocks
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
Random Charts From NFTRH’s ‘Market Internals’ Segment
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
Would-be Top Caller Trumpets Again…
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
Hedgers Net Short the Euro, US Market Rotates; 2 Horsemen Set to Ride?
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).