I am not comfortable buying momentum and so it follows that I am not comfortable shorting it either. It is safer to watch for breakdowns and then bounce backs to…
Gold Miners Let's keep it simple. As noted in a public post yesterday, the pompom brigade was out in full force right at the short-term top for the gold stock…
What's this? The color I see in the market futures is not green? What is the meaning of this?!? Here are this morning's Bloomberg headlines... Broad Markets In sum these…
Yes, it's old friend Ciena. I watched it yesterday as it head faked above the neckline, but left it alone. Today it is pulling back to screw breakout traders and…
We have been following PNR (a London based industrial products company) for many months in the NFTRH+ Notes & Charts segment of NFTRH using this weekly chart. The breakout (B/O)…
A little reminder for those interested in the sector (and I know you're out there aplenty) that our first major parameter for the rally is the resistance beginning at HUI…
While 10 and 30 year yields are down a bit this morning, the move this week is a step in the direction of the favored view, which has been for…
Another NFTRH+ update sent to the entire list because it works as a macro update as well. A reminder that all subscribers can access NFTRH+ posts at the website at…
A few ratio indicators to keep an eye on as gold and silver continue to tank and the miners remain nominally weak. GDX/GLD ratio is making me feel braver still.…
Sending to the entire list, since this update works as a gold sector update as well. Wheaton Precious Metals (WPM), the former Silver Wheaton has been holding up better than…
The simplest NFTRH+ update ever. Boston Scientific is pulling back to the weekly moving average that has held its 4 previous pullbacks. No further comment other than I am watching…
The market is rotating out of the leader (NDX, tech) and even more so the leader's leader (SOX, Semisconductors) and even more than that, the leading component within Semis, the…
As you may have noticed, I've been something of a true believer in the ongoing John Chen turnaround story for Blackberry (still wish they'd change the name to Research in…
As best I can tell the two main instigators to yesterday's market rotation were tax reform and interest rates. Kevin Muir has an interesting article talking about a tax related…