Public posts
As nominal yields resume rising, the signal is an inflationary yield curve steepener just lately, but not necessarily going forward As for the dominant theme of the yield curve steepener…
Silver price Head & Shoulders pattern overtakes the Cup & Handle pattern in the near-term 'probabilities' sweepstakes The man stared... ...at his daily chart of silver and saw a bearish…
GDX has filled its first gap, and another lurks just below The Gold Miners ETF, GDX, has filled the upper gap and the next one lurks lower. From an NFTRH+…
The US dollar index (DXY) is still in consolidation Along with other indicator related considerations like the Gold/Silver ratio (GSR), the US dollar index (DXY) is likely to inform the…
The 10yr-2yr yield curve remains on its new steepener The macro is grinding along, subject to daily noise that drives nominal yields up or down (today's noise du jour is…
The ratio of gold stocks (GDX) to broad US large caps (SPY) has work to do to recover However, recover I believe it will. Before the election the GDX/SPY ratio…
It occurs to me that it might be a good idea to make an update here about my daughter Isabela's short film, Immortal She, which several of you contributed to…
The Gold/RINF ratio positively diverged HUI into today's upside I am not going to pretend I had it all figured out. Indeed, I got burned on a partial hedge on…
November Payrolls report higher than expected w/ strange bedfellows Tap headline for the full report. Hazel? She's fine. Never a doubt for old Haz in the massive consumerist/services economy. Strange…
The November payrolls report is upcoming and logic would indicate a disappointment (vs. expectations of 214,000 jobs) So, will Hazel wear a frown... ...or sport that winning - if grotesque…
Signals in support of a contrarian bear setup in the US Stock Let's look at some pictures of the developing risk situation in the US stock market, in light of…
Gold's fundamentals are intact, with one "great" exception Edit: This post is critical of Trump's oncoming economic policies and the idea of his "Make America great again" jingle. But I…
Data Dog (DDOG) jumps vertically, joining other former dogs Good boy... It has been a thing lately. The Cloud/SaaS/Remote/Security stuff that was all the rage back in 2020 is now…
Gold’s public sentiment is generally over-bullish, but… Gold’s public sentiment (graph & data from Sentimentrader.com) registered an extreme last month as the market was supposedly anxious about war abroad and…