In microcosm the markets did what they (IMO) should do. Gold stocks went up at the dawn of a positive fundamental phase and most everything else went down at the…
Good cop (QQQ/SPY ratio) is holding the bull flag and turning up. I assume the happy stuff out of Microsoft is boosting spirits. Reference the original Good/Bad cop update. In…
A quick look at two items, the guide for a bullish market (QQQ/SPY, also noted in NFTRH 754) and XLV/SPY (which is a defensive sector vs. the broad market and…
Gold stocks eye silver's leadership Silver's CoT is in decent shape. Silver has been leading gold. Silver is STILL leading gold despite the sector pullback/correction. In not having had a…
The market is tightening credit conditions again. In other words, it is projecting a sill-hawkish Fed. This is where we lay waste to all the hopes, shills and promotions about…
A brief meeting it is, but I want to tell you that I am gaining interest in the USD A-B-C downward correction theory discussed in NFTRH 752 using this chart.…
An update of the progress of GDX for gold stock traders (as opposed to investors) to consider. If you took gold stocks for a trade consider that GDX is now…
Of course, any indicator can be reversed at the whim of the algos and machines, but those direct the short-term daily mayhem in markets. They do not direct the bigger…
As long as the US dollar continues to correct (attended by the declining Gold/Silver and rising Silver/Gold ratios) it looks like Global markets are catching a good bid along with…
The Silver/Gold ratio continues to flash positive, short-term (ref. NFTRH 750) The Silver/Gold ratio (SGR) is an indicator favoring inflation and cyclical markets when it is rising. Recall that it…
While the chart of silver does not show gaps and is breaking bullish (having taken out the key 22 area resistance once again)... Silver ...the chart of SLV shows a…
If SPY's daily chart has been rising in a bear flag after testing the key December low, then we'd have to think about calling an end to the Q4-Q1 rally,…
Here on Fed day I want to talk about things other than the Fed and its upcoming .25% rate hike. We have not reviewed sectors relative to the S&P 500…
Janet Yellen is sooth saying the markets about the bank sector meltdown going on. It is government, not the Fed that is applying the band aids, talking about bailouts and…