Short-term contrarian sentiment has improved this week. With the ongoing consolidation in stocks (red arrow), the dumb money has dropped and the smart money has popped. This is of minor…
Rather than go through the clunkiness of writing on Word and creating a PDF file I thought I'd pop this week's abbreviated NFTRH 454 right onto the website as a…
Greetings from my vacation, where sometimes a little work goes hand in hand with relaxation. Commodities, led by oil, have bounced hard by daily charts, and while it does not…
A general review of precious metals, US, European and 'All-World' Stocks and commodities. Although gold ticked a tiny 'higher high' we leaned toward it being a double top with short-term…
Want to see some different flavors of bearish? Well here they are. The Financials are dropping to the neckline of a bearish pattern once again. I am already short (via…
It has now been exactly 10 months since we established 2410 as the measured objective for the S&P 500. In forming a potential double top this week at 2405.77 I'd…
Unlike some people, I would not short gold right now because it's not a normal commodity, it is a counter-cyclical one not necessarily depending on inflation. But broad commodities are…
In NFTRH 447 we used individual daily charts for the CRB index and various individual commodity items. This was in order to better view details of the bearish (but bouncing,…
The Palladium-Gold ratio (weekly) has furthered the scenario that it could be starting a new 'Chop & Grind' phase like the one that preceded 2015's market top (that wasn't); i.e.…
We anticipated a bounce in Commodities and here it is, on cue. Emphasis on the word 'bounce'. We've got CRB to 187-189, if it is to be just a bounce. …
Sure, the bounce in bonds is a negative divergence to the reflationary/inflationary 'Trump Trade'. Sure, the post-January rise in Healthcare vs. the S&P 500 is a negative divergence. Same goes…
A snapshot of US markets, Treasury bonds, commodities and precious metals on a day when a .25% rate hike is fully baked in... There is no sign of anything other…
First off, let's realize that gold vs. the US stock market remains a bearish underpinning for the gold stock sector. GLD-SPY is declining from an ugly pattern, perhaps to a…
Using the most representative or notable index/ETF for each segment, let's update the general status for a range of items (U.S. and global stocks, T bonds, commodities and gold) with…