Some Leaky Charts

These range from suspect to outright ugly.  Somebody had better start buying up Junk Bonds.  Meanwhile, Treasuries are getting a bid and inflation is nowhere to be found.  Goldilocks however,…

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‘China 25’ Bounce

Also from yesterday's pre-market update (incl. 1st chart below)... We noted 42 to 43 as the initial support per Tuesday’s NFTRH+ update on FXI. “FXI is getting to a point…

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Market Sentiment Reset

Excerpted from an extensive multi-market NFTRH update (including global stocks, commodities and precious metals) yesterday morning: Volatility.  It is what we expected and it is what we have with Tuesday’s…

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3 Amigos on Turnaround Tuesday

"Turnaround Tuesday"... isn't that what they call it?  Well, it turned around for several things not called precious metals or China. I did a little buying today of strategic semiconductor…

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Biotech Leadership

Okay, so you tell me.  Is speculative leadership alive and well in this market?  Beuller? We noted in the last NFTRH edition that market sentiment had become positive on a…

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Euro ‘Me Too!’ QE Trade, Part 2 Taking Shape

In Q4 2014 Europe was hated as an investment destination, what with pervasive deflationary pressures and little more than Draghi's jawbone supporting the idea of a coming QE and a…

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Europe; Apples to Apples

The 'apples to apples' chart of unhedged Spain vs. unhedged Deutchland (iShares) continues to sport an interesting pattern that implies the speculative impulse is still alive and well in Europe…

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Selling Media Hype; Gold Stock Edition

For the same reason I was forced to take profit on Semiconductor company LSCC, I have done the same on gold mine developer AKG. As with the LSCC media buzz,…

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S&P 500 & Corp. Profits

Putting on our conventional analysis hats (admittedly, not a hat I wear all too often) we see that the S&P 500 has happily continued higher despite a moderation in corporate…

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RUT: Another Leader Abdicating?

Over at Biiwii on Monday we noted that a momentum leader to the US stock market - the Biotech sector - was abdicating leadership in favor of the momo driven…

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Hype Down, Hype Up: DJIA

I currently own 3 components of the venerable Dow 30 index, so today is fine.  But the markets were driven down on China hype on Friday and up on same…

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China in Pictures

China, in a few pictures (courtesy of TradingEconomics.com): China GDP Annual Growth (through 2014)... China GDP Annual Growth trend projection... China Producer Prices... China Interest Rate... China Loan Growth.. China…

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Emerging Markets Break Resistance

We noted in NFTRH 337 that the EM's were attempting to break through resistance.  While this is just short-term stuff (longer-term charts remain neutral at best) the first 3 days…

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