Insert here the disclaimer that I don't care for the man, I don't like most of what he stands for, or his funny haircut. But also insert here that protecting…
According to Callum Thomas... Trump has helped make China A-share valuations great again (cheap again). Back on January 23rd I posted publicly a couple of NFTRH+ ideas that had been…
As the Macro Tourist lays out so well, things are not at all good in China's economy and not likely to get better as the Politburo plays its long game…
There is way too much going on out there for a blogger to try to summarize without sounding like a goddamn sports announcing play-by-play caller. Oil this, Huawei that, Trump…
I like the way Kevin Muir writes. I like the pictures he uses with the funny captions, and I like the things he writes because these things betray a thinking…
Following is the opening segment of this week's edition of Notes From the Rabbit Hole, NFTRH 504. For months now we have been tracking a divergence in the key cyclical…
Let the stock market's technicals be your guide amid the volatility. Don't let the media rattle you as this lunatic with a fetish for the 1970s does his thing. SPX…
It has in the past been "the financial crisis", "the Euro crisis", "Greek debt", "Italian banks", "the fiscal cliff", "Brexit" and so on. Every one of those events an extension…
A very simple update. As I was planning to cover some US market shorts (cover SPY and sell the SPXS bear fund) I also looked to increase exposure elsewhere. I…
China is again in the news as its Caixin manufacturing index hits its lowest reading in 6 years. Dutifully, world markets decline by around 2% on average. Clicking the graphic…
Add the US dollar to the list of items that are in question and on the move. The green circles show the higher highs and higher lows made by USD since the May low. In June it spiked down, tested that low and then shot higher.
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…
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…
Stock Markets
Interesting developments in the markets this morning. Apparently momentum-fueled markets are getting knocked down by some hype from China pertaining to authorities allowing shorting of Chinese stocks. That is not fundamental to anything, but it is a shot across the bow to over confident bullish momentum players the world over. In true momo fashion, they are knee jerk selling in response.