The previous (public) post updates the ongoing sideways situation in the Copper/Gold ratio, one of our cyclical/inflationary vs. counter-cyclical dis-inflationary indicators. Here let's review the TSX-V (CDNX)/TSX ratio, which normally…
Very simply, the miners jumped at the open and left a gap. Now that gap is filled on the GDX chart. It's better to have it gone than still in…
The trend remains down in the 10-2yr yield curve, but I'd say a 92% jump from inversion in the steepening direction is notable and demanding of our attention going forward.…
Here is the updated picture of the macro we want to see engage for a clear bullish macro-fundamental view of the gold mining sector. Gold/SPX is constructive to have bottomed…
On March 21 we had an update noting that the TSX-V (CDNX) had tentatively taken out initial resistance (now support along with the SMA 50 at 856). Today's attempt at…
As noted in the last couple of NFTRH reports, SPX would start to go bullish potentially for more than the heretofore expected bounce if it takes out and holds the…
After this morning's drop and today's partial in-day reversal we find gold having thus far successfully tested the SMA 50. Dog gone if I know whether this reversal meant anything…
Many think of gold as a commodity. I think of it as an anchor to money or what money should be. Whatever it is, it is an early bird. In…
To me, it's another speculation trying to bounce back. To many however, it's a progressive investment on the future. Regardless, Bitcoin (BTC/USD) has a chart that is trying to bottom…
From #698's summary... Here is da 'V' this morning... CDNX has cracked resistance and popped to the down-trending SMA 50. This is where a move toward a final, speculative inflation…
I put THRN on my watch list as a bottom feed type play last week as I was looking through the Healthcare sector for ideas, but have sat on my…
This update works as a 'plus' update on NVDA as well as a sector beacon for the Semis in general and as a side note, a possible warning flag on…
Yesterday FOMC laid a small, dovish egg on markets that needed something more. Sole abstainer James Bullard wanted .50 instead of the .25 that came. The problem being that the…
A quick update of the main US indexes shows the daily chart gaps on SPX, NDX & SOX, with the following notes. SPX appears to be in a small symmetrical…