NFTRH+; Commodity complex
We have been noting the downtrend in the broad commodity complex for nearly a year now (after watching its breakdown a year ago), under the weight of the hawking Fed,…
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May 25, 2023
Neat little bear flag in DBC; inflation trades need not apply
This is a Goldilocks rally, not an 'inflation trades' (or cyclical) rally Today is an 'FOMC comment-free' day for me, as there is nothing surprising or new going on there…
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March 22, 2023
Commodities not buying it
Commodity tracker DBC remains vulnerable And I remain short. As the stock market bounces and some outlier commodity segments also bounce, here is a conspicuous non-participant, as the "last inflated…
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October 18, 2022
NFTRH+; Bear flag
I went to my small trading account and was surprised to see it green today despite my short against DBC. TSLA is getting hammered on reduced sales projections. That leaves…
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October 3, 2022
Commodity tracker dunks below the SMA 200
Commodities are starting to crack Disclaimer: commodities are notorious for rotation, as if the hedgies, quants and black boxes are playing Whack-a-Mole, roving the landscape rotating to the next play…
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September 7, 2022
DBC short position covered
The commodity tracker is pulling back hard to the daily SMA 200 It's probably going lower, to or through the SMA 200, but the position was taken in a small…
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July 6, 2022
Commodities… perfect
DBC is tanking and looking for a date with the SMA 200 "Commodity super cycle!" "Hyperinflation!" "Protect yourself! Buy gold, gold stocks, silver, oil and [gulp] copper!" "Fed has lost…
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July 5, 2022
Commodity consolidation
Commodity tracker DBC is in a symmetrical triangle Largely driven by its crude oil component, CRB tracker DBC's daily chart is taking the form of a symmetrical triangle, which is…
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March 31, 2022
Inflationist gold/gold stock boosters foiled again on ‘Flation Friday [w/ edit]
[edit] Of course, every big buy in gold is a "whale purchase" or some other legit sounding thing while every big dump is a "paper sale!" to manipulate the price…
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September 10, 2021
NFTRH+; Today’s market
Quick pics and brief comments. SPX recovers to near an all-time high after a sentiment micro-twitch, NDX ticks a new high and SOX recovers above the SMA 50, regardless of…
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August 23, 2021
NFTRH; 3 Sectors That Have Already Taken Back the Trump Rally and a Juxtaposition w/ SPX (medium priority)
The theme for a bear case has been to take back the Trump rally in 2019, using SPX 2100-2200 as an example. Very simply, that would take SPX down to…
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November 29, 2018
NFTRH; Commodity Sector Daily Technicals (med. priority)
A simple daily chart of DBC, which tracks the CRB index fairly well. DBC is cracking the SMA 50 today on the global trade uproar. We have noted CRB in…
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June 15, 2018
NFTRH+; Commodities
Let's back out all talk of fundamentals, inflation, broad market views, US dollar, etc. and simply view a chart. The commodities ETF (DBC) is in a bullish pattern by daily…
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September 7, 2017
Commodity Bounce Maturing?
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…
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June 29, 2017