Janet Yellen is sooth saying the markets about the bank sector meltdown going on. It is government, not the Fed that is applying the band aids, talking about bailouts and…
I have long waited for the Energy sector to crack ("last inflated man standing") and finally it has. However, the crack is within an intact uptrend, using XLE as the…
Earlier we noted the yield curve spiking from deeply inverted to less inverted. That will be a big time negative signal if it continues and starts to steepen in earnest.…
The 10yr-2yr yield curve is spiking impulsively and unlike the steepener into 2021 it ain't inflationary. We know that because nominal Treasury yields are dropping, not rising. If this continues…
Gold and Silver, daily charts and the Silver/Gold ratio Treasury bonds are positive, the 10yr-2yr yield curve is ramping (in a steepening direction within its inversion) and Credit Suisse bank…
A visual update of the macro as it swings in favor of the gold mining sector. First, nominal gold took out the SMA 50. Next objective would be a new…
A short snapshot of a couple items for your review. The USD index (DXY) is testing the SMA 50 right now. It never made it to our target at the…
The government is stepping in to bail out SVB depositors and the banks are still tanking. Graphic is linked to the article. As a side note, the government says that…
In line with this morning's payrolls report, which increased in job numbers, but showed easing in cost-push inflation (wage growth), gold is retaking some of its relational trends vs. cyclical…
Goldilocks is the term for a not too hot (inflationary) and not too cold (deflationary) economic backdrop. Within this we'd favor Tech and possibly Semiconductors * for their leadership over…
I hate to be swayed by a man's jawbone, but you will recall that last spring said jawbone did a lot of damage and launched a bear market. So I…
Daily stock charts of four items added This is one of those non-priority updates, simply highlighting some charts to go with today's trade log entries. Leaving aside some of the…
Gold and silver prices this morning in pre-market The gold price found the first support level and is bouncing from it. The allowance for a normal correction was to around…
Gold and silver have dropped to viable support levels Gold has barely touched the top side of the 1780 to 1810 zone before bouncing a bit. While this is viable…