A few charts catching my eye upon today's close... The long-term T bond fund has popped back to a thick and notable resistance area after the 'rising interest rates' mini…
US yields are not aligned for the inflationary view as the yield curve sags once again today (2 year yields up, long-term yields down). Japanese bond yields have popped on,…
Yesterday’s market decline was a little more than the recent gentle downward slip and we have been noting markets at short-term risk, sentiment-wise. So I think it is a good time to review a few pictures of the progress with respect to important support that would act as a buying opportunity for an extended rally or a failure point that would call the July bounce a shorter-term throw over and suck-in.
I'll skip the promo in favor of maybe releasing #403's slightly weird opening segment later on. It's time to not only have your thinking caps on, but also your tin…
Actually, it went out several hours ago but I'm just getting to the promo now. Sentiment is setting up for stocks and against safe havens, which means on a contrarian…
#386 slims down to a focused 22 pages from #385's bulbous 49 pages. There is no need for more volume because all plans are intact, markets are within existing parameters…
It occurs to me that in public writing I tend to bludgeon people with macro fundamentals (like gold vs. positively correlated markets, yield relationships and even confidence in global policy…
It's another week further into the macro backdrop that we have worked hard to anticipate for a long while now. Anticipation is one (sometimes frustrating) thing, but 'actionable' is quite…
We had a market break last week and that is all I ask for, a market in motion. When in motion, support and resistance parameters can be drawn and the…
A 13 page add-on to the NFTRH 354 online edition was just emailed to subscribers. Fills in some more color on what may look like an uninteresting backdrop, but what…
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,…
Treasury yields are rising with the spread between the 10's and 2's also rising. That continues the recent short-term trend. The longer this keeps up the closer we'd get to…
A geek looks upon the chart below in amazement as the daily patterns in 3 different items combine to send a message. Now, what is that message? Inflation expectations are…
Yesterday we illustrated why it was premature to get all hyped up on bond yields. Today they are dutifully dropping. Here is a look at some of the suspects. The…