NFTRH Interim Updates

S&P 500 Time Cycle

By way of Robert Prechter's Elliott Wave Theorist, which itself presented the following by way of Peter Eliades, comes this analysis of the S&P 500 from a time-cycles perspective. The…

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April 29, 2015

HUI Daily Technicals

My phase of time stresses as noted in NFTRH 340's opening segment is kicking in a bit, but darned if I will miss the notable things like HUI below. So…

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April 28, 2015

Biotech Sector Signal?

The weekly chart of the Biotech index kept us on a bullish orientation in the market, frankly for longer than I wanted to have that orientation. Today, the BTK is…

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April 27, 2015

‘Anti USD’ Trade Status

Here is the USD, losing the 50 day moving average. This is another marker along the way that keeps the correction target of 94 open.

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April 27, 2015

NFTRH+; SIMO

Well, here comes old friend Silicon Motion back down to earth. Apparently news of an acquisition has induced profit taking in this quality Fabless Semiconductor company based in Taiwan. Due…

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April 24, 2015

You may have noticed this one show up in my brokerage account back in March. It was sold for a profit and put on watch. I buy and sell things for different reasons, but NFTRH+ needs technical setups and now SLCA has one, although it was originally brought to my attention by a subscriber who is very fundamentals-oriented, FWIW. If interested in that side of things, take a look and consider it along with the technical situation.

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April 24, 2015

Semi Equipment Book-to-Bill

Preamble

The Semi Equipment sector gave the signal in January 2013 that manufacturing was likely to sure up and then, the economy and employment. Hence, it makes sense to continue watching the Semi’s for clues about the economy going forward.

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April 22, 2015

NFTRH+; GILD

Personally, I am leaning slightly toward bearish on the stock market, but the Biotech sector has been going to its own beat. Taken in a vacuum, Gilead has an interesting…

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April 21, 2015

TSX-V (CDNX)

A quick visual for anyone interested in the Wild Wild West of Canadian speculation, AKA the TSX Venture exchange. The chart is self-explanatory. A break of current resistance would target…

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April 21, 2015

US Dollar

USD came very close to our upside target of 101 and has since had trouble. After testing the March high and dropping, USD is now bouncing from the lower line…

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April 21, 2015

NFTRH+; India

A subscriber who has a history as an India fund manager was kind enough to pass along (actually, remind me of…) a couple more symbols of interest (to go along with Nifty 50 fund INDY and MSCI India fund INDA). These are the Wisdom Tree India earnings fund (EPI) and the Market Vectors India Small Cap fund (SCIF). These are presented for your consideration and further research.

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April 20, 2015

Market Notes

Stock Markets

Interesting developments in the markets this morning. Apparently momentum-fueled markets are getting knocked down by some hype from China pertaining to authorities allowing shorting of Chinese stocks. That is not fundamental to anything, but it is a shot across the bow to over confident bullish momentum players the world over. In true momo fashion, they are knee jerk selling in response.

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April 17, 2015

Anti-USD Asset Rally Status

As suspected would be the case, the US dollar appears to have resumed its correction after rising to test the high. The first important support zone has been the shelf surrounding 94, which intersects a trend line from last summer’s lows.