Public posts
The Fed Funds Rate is being guided down by the 3mo. T-bill yield, while the 2yr yield rises CME wiseguys are 95% sure of a .25% Fed Funds rate cut…
Tech is lurching back toward market leadership with MSFT and GOOGL bullish, along with many others Back on October 28th NFTRH+ noted that the Cloud ETF, CLOU, was in a…
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…