Public posts
The Energy sector ETF is still in consolidation And I am still short the "last inflated man standing". That could be for as long as it takes XLE to bust…
HUI Gold Bugs index has hit the bottom/bounce target at the daily SMA 200 Note: This post was begun on December 1, up to and including the two HUI charts…
In another surprise (not), November Payrolls increased more than expected It's a process, rolling an economy over. November Payrolls exceeded expectations and given the season and the nature of Payrolls…
Powell cheers the stock market with words of a softening stance Or at least that is how markets are interpreting the smaller rate hikes to come. Problem is, we already…
Commitments of Traders (CoT) in the 2-year Treasury note flashes contrary bullish Interesting positioning data on the 2-year Treasury note. As per our favorable view of bonds for a 2023…
As the stock market's sentiment relief rally has labored on, volume has diverged It's not usually a good sign when an index, ETF or individual equity rises on diminishing volume.…
The Energy sector ETF (XLE) continues a would-be topping situation Why yes, I got clowned a little last week as I was compelled by my personal psych profile and risk…
David Rosenberg on Deflation From an NFTRH subscriber: "Gary, You might want to watch David Rosenberg’s presentation. You guys have a lot in common wrt your market outlook and deflation…
And the plan is for a bond yield pullback from hysterical highs With respect to the long end of the Treasury curve, both the 30yr (top) and 10yr Treasury bond…
[edit] And so a perfectly good topping situation is wrecked. Or is it? Today's chart would show the potential for a reverse Symmetrical Triangle topping/reversal pattern. But it would also…
NFTRH 732 excerpt discusses bonds and bond market indicators with respect to the gold price US Bond Market For someone who uses the bond markets as important indicators to the…
NFTRH 732 is uploaded to the archive for subscribers. It does not break much new ground but it does reinforce and add clarity to our ongoing, and thus far on…
The macro market and economic backdrop continues to pivot favorable for the gold mining sector The risk/reward for gold stocks has been very good after 2.5 years of correction that,…
Where is the risk, in gold or crude oil? The gold price has been deflated by the oil price to an extreme degree since 2020. The trend in the Gold/Oil…