Uncle Buck is making a definitive breakout above resistance after previously holding the neckline to the Inverted H&S. Daily RSI and MACD are aligned for higher levels as well. In…
These pictures paint the taper-talking Fed as behind the curve, literally and figuratively. Yield Curve: steepening Long-term Treasury yields: rising Inflation expectations: rising Broad Commodity complex: rising (mainly driven by…
Well, USD never did give up the 2021 rally despite the re-pumping inflation trades. It is apparently getting the Fed taper bid (Lael Brainard is talking it up) and taking…
Silver is more inflation sensitive than gold. Post-FOMC macro has pivoted toward the inflation view as noted in NFTRH (with a couple contrary caveats still in play). Thus, it would…
From NFTRH 674... If somebody can tell me how to effectively play Lumber I’d like to do so. A nice bottoming pattern taking shape here. Also an interesting forward macro…
Just an FYI update that HUI has hit 230 this morning, which was the first in the target chain: 230 > 212 > 185 > anything above the 2020 crash…
The 10yr Treasury yield appears to be choosing its direction, breaking above the moving averages and hitting a new recovery high on the daily chart. The 30yr yield is lagging,…
After being a buyer of the market pullback this week (still maintaining high cash) today I added volatility ETF, VIXY. This as the VIX pulls back to fill the 'fear…
With the understanding that the precious metals are still trending down by daily charts and the broader markets are still trending up, here's a dialed-in look at some day trader…
A subscriber asked me in a Twitter private message (which you are more than welcome to use if you are a tweeter and would ever like to ping me about…
A lot to discuss about the macro market and its signals, but I'll save it for the weekend. Right now let's zoom in on gold and silver, and reaffirm what…
I'll preface this by reaffirming that I for one have no clue if the sector correction is ending or if this is still a bounce only. Since the sector's technicals…
Long-term Treasury bond fund TLT is on an attempted breakout of its own. Ref. the previous update showing the Energy sector trying to do something similar. It's a super interesting…
The Energy sector ETF is attempting to take the SMA 50 and the neckline to a pattern today. If this is successful a healthy RSI and positively diverging MACD could…