Watching two elements of the macro markets we note that they are playing ball with each other nicely. As the 30yr yield looks upward to 2.5% to 2.7%... ...its big…
Just to be sure we are consistently keeping an eye on gold and its macro signals, let's review again. Gold/SPX shot up impulsively and pulled back hard on stock market…
We have not discussed the 30yr Treasury yield 'Continuum' for a while because it has been clustering in a consolidation as the frustrating macro of 2021 continues into 2022. If…
I had an in and out day yesterday, and was not closely watching markets. This morning what I found - other than lousy Facebook results giving markets an excuse to…
As the Canadian TSX-V attempts to undo its support breakdown it still lurks below the down-turning daily chart moving averages. It's a neutral view at best. Da 'V' is still…
As a thought exploration evolving from the VIX pullback... If the VIX were to drop to an extreme test of its potential new uptrend, we'd be looking for the 19…
Gold declined last week. Silver did too. The miners too. The macro is not yet aligned fundamentally, to back a new gold bull market leg or especially, a new gold…
[edit] Upper gap filled. Lower gap open. Hold immediate support or it's going to get uncomfortable. My view of the Semi sector is that it is much less cyclically volatile…
The TSX Venture index looks like a short setup, much like the US small caps did a few weeks ago before they broke down. CDNX lost support, bounced to test…
[edit] I did not note below that despite the hammering gold is taking, it is still in a short-term uptrend of higher highs and higher lows. So technically at least,…
Using the S&P 500 and Nasdaq 100 futures as examples, let's bring the US market correction up to date. Monday played out to one option we had noted, which would…
Some interesting charts as the VIX got overdone to the upside and stocks did so too, to the downside. As noted in the linked VIX post, regardless of whether a…
Let's take a roundup of the 'gold vs.' ratios with the reminder that all of these charts would represent counter-cyclical and/or dis-inflationary signaling when they rise. We'll use GLD for…
As noted a few times previously, the XLV/SPY ratio has indicated bear markets on two of its previous three signals. These came in 2000 and in 2008, while the 2011…