NFTRH 329 Out Now
How to promo... how to promo? NFTRH 329 took a hard look at the realities of what happened last week and despite an end of week reversal (below SPX key…
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February 8, 2015
Market Update
Usually on Wednesday mornings we do a standard ETF update. But given the interesting things happening across several markets, this morning I thought I’d do a freer flowing update.
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February 4, 2015
Commodities & US Dollar
We have been expecting a correction in the USD to come about sooner or later. With crude oil up again today I wanted to give you a view of the…
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February 2, 2015
NFTRH 328 Out Now
Another solid report this week. I know that because it helped me out yet again in trying to understand all the components in play across markets; all the tops spinning…
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February 1, 2015
NFTRH; Key ETF Charts
A snapshot of current daily technicals…
Precious Metals
GLD continues to rise toward the measured target around 128, where it would be over bought. Support is 117 to 119.
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January 28, 2015
NFTRH; Key ETF Charts
A snapshot of current daily technicals…
Precious Metals
GLD broke up from the pattern neckline and smashed through the SMA 200. That area around 120 is now key support. Upside target measured off the pattern has been around 128, where it would be very over bought.
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January 21, 2015
NFTRH 326 Out Now
There is a lot happening across global financial markets. We go in depth into US stocks, review global stocks, make sharp points about commodities, cover macro indicators in depth and…
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January 18, 2015
Big Picture Views
With all the hype and noise built in to daily and weekly market management, sometimes it is worthwhile to dial out, calm things down and touch base with markets on the big picture. Here are views on various markets (with limited commentary) by way of some NFTRH monthly charts.
Let’s start with currencies, since they are a reflection upon global policy making, which has been unprecedented in its direct market interference over the last few years.
Nominal Charts – Currency
We noted the hot air patch in the Canada dollar last year. I had thought CDW might stop and find support at 85, which is a measurement from the topping pattern; but so far, no dice.
Fellow commodity currency Aussie is at what should be a strong support zone.
[edit] evidently my uninformed use of stockcharts.com’s symbol for the Rupee is incorrect. I have had input that this chart is an inverted view of Rupee-USD. Looking into this.
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January 13, 2015
NFTRH; Key ETF Charts
A snapshot of current daily technicals…
Precious Metals
GLD broke back above the first key support level. 120-122 will be a big test. A rise above 120 would put in a short-term higher high to go with the recent higher low. 114 is where key support begins.
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January 7, 2015
Gold Ratio Charts
Some really important charts to interpreting the macro... Sorry sports fans, but gold has still not established a daily up trend vs. the US stock market. Not yet. Gold vs.…
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January 5, 2015
NFTRH 324 Out Now
First report of 2015 and it seems to be well grounded and on plan. This one helped me personally to qualify and quantify my views as to where I think…
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January 4, 2015
NFTRH 323 Out Now
NFTRH 323 ends the year in the same fashion as we began, calmly portraying what is in play within the market's swings, laying out probabilities and honestly interpreting what the…
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December 28, 2014
Commodity Bounce? Ask Aussie & CAD
From the looks of oil and base metals it's not looking good yet. The precious metals are bouncing, but they are different and will bear watching for reasons aside from…
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December 26, 2014