NFTRH; The deflation scare
We should call it what it is. This morning the markets are getting sucked down in a mass hysteria that in its compact intensity is in some ways even more…
We should call it what it is. This morning the markets are getting sucked down in a mass hysteria that in its compact intensity is in some ways even more…
Below is my fairly wordy response to a subscriber who asked how long the process (of crashing, bottoming and rallying) for HUI lasted in 2008. He expresses that, much like…
Folks, there is nothing happening now that does not ring a bullish alarm to me other than the nominal prices of the indexes and ETFs. You may recall that I…
The roller coaster ride continues as SPX projects to give back a good chunk of its reversal gain yesterday. The weekly chart shows the status of the projected open back…
Yesterday's projected open for SPX during pre-market was 2827. Today it's 2850. That was a lot of noise and angst for going basically nowhere in the last 24 hours. Weekly…
To answer the title's question, it feels climactic, with crude oil now leading the charge in the Bear Olympics race to the bottom. -24% in a day. That is breathtaking.…
Payrolls came in at a strong +273,000 and the markets decided that Coronavirus is going to render that meaningless. It's all emotion now and it is going in the opposite…
Housekeeping note: If you are at all interested in what one casino patron is seeing as events unfold - assuming I am watching the market, which is not always -…
Rather than send too many emails, I sometimes use the Trade Log notes as a place to just get some stuff down on paper for myself and subscribers to consider.…
From yesterday morning's update... "So who’s driving the bus, SPX or DJIA? I don’t have that answer, but until the herds stop stampeding we would do well to respect what…
NFTRH 591's Opening Notes segment detailed an intact but at risk stock market and a bullish gold miner view, concluding with this... "The nearer-term pictures will likely include a lot…
Well folks, Friday was the first tick down and if things had gone a certain way we'd have gotten a bounce today with which to take some more profits or…
Of course, I took my profit on NVTA a little too soon upon hearing that it had been pumped by the Motley Fool. I sold and then it kept going…
The simplest of updates here. If OR holds the pattern neckline and SMA 200 breakout it measures to around 11.75, which is in a thick resistance zone and where -…