The Character of the commodity complex is improving. Each week NFTRH has maintained the 'bear market' stance, and that is of course still the case. But there was the pesky…
A 60 minute view of SPX. I am going to consider it worth a shot from the short side here at the channel top. The stop loss will be a…
With the preamble that cash is the best position as risk rises (which it is doing as the market bounce continues and VIX sinks further) and that the FOMC is…
With interest rates bouncing across the curve (beyond the Fed-controlled T Bill yield) per the projection of a previous NFTRH+ update (with a lag), I took a look at the logical beneficiary of rising yields, the Bank sector.
We have been watching the Semiconductor index re-take some of its past leadership in the broad US market. Hence, some favored Semi stocks are back on radar, for the short-term…
For all you Energy sector sports fans out there, here is XOM near a big picture channel bottom by monthly chart. Unfortunately, Exxon Mobile has already Ex-div'd in August, but…
As CPI will attest, consumer prices are certainly not suffering at the hands of the pervasive global deflationary environment. Housing, Healthcare and other services are not easily going to give back embedded price gains. In NFTRH 356 I tried to express this in an admittedly muddled Indicators segment.
Below are some pictures of developing bear markets using weekly charts of iShares ETF’s. Some items are getting hit with the China stick, others with the Commodities stick and others with both. Regardless, they are getting hit with an ugly stick.
[edit] I guess I neglected to password protect this post. I have not taken this trade on a rather obvious topping pattern, but here it is publicly displayed and we'll…
Today is the day that the Semiconductor Equipment book-to-bill data is due out and the SOX index is also at a decision point as to whether or not its market leadership will be maintained. So we are on the verge of finding out whether or not this has been a buying opportunity in the general Semi sector.
I found an interesting daily chart pattern in a former holding, Myriad Genetics (MYGN). I have not done a lick of DD fundamentally so there is one significant disclaimer for…
Let’s preface by noting that like Europe, a trade or investment in China should be backed by one’s own research and opinion as NFTRH+ updates do not tend to include my opinions about the stock or asset class in question. They are simply technical setups on areas that appear to be of interest at a given time.
NFTRH+ posts are not calls to action; they are ideas for careful consideration to go along with your own research and views. In this case that goes double, as the Greece/Euro drama plays out well for our projected trade in HEDJ. But there is no need to jump on it right away; not with herds falling all over themselves to get back out after taking the bullish promotions in the spring.
EMC is long-standing leader in data storage for governments and business, and as such has been in the news lately as a victim of constant hack attacks. Okay, fine. NFTRH+…