But then, managing the macro markets on a daily basis can be drudgery, can't it? It's a good thing I get off on this stuff because most normal humans do…
Well here we are not only with the US market back to the equivalent of the SPX 2815 target area (hit a high of 2821 today and eased back to…
The intermediate uptrend is intact but the $3/lb. area remains a holdout. So, no big "party on Garth!" macro signal at this time. It's just a boring and over worked…
I have found myself writing the phrase "trade war distortions" on multiple occasions because I personally cannot see how anyone can quantify the effects of the Trump/China standoff, economically. In…
If there are any bears with enthusiasm left out there they may want to be watching the point from which SPX reached and reversed (a bit) today. The extreme target…
I am not talking my book (well, I guess I am if I am a counter-cyclical gold bug) because I am significantly more long than short the market at the…
I mean really, check this out from Kevin Muir. Everything You Wanted to Know About MMT (but were afraid to ask) MMT sounds to me like just another cult. In fact,…
As the stock market cracked on October 10th we noted... Looks Who’s Holding Firm Amid the Carnage; the Gold Miners And sure enough the GDX bottoming pattern noted in that…
Earnings start to kick in (with Caterpillar and Apple in the spotlight) and the media are telling us all about everything under the sun as usual. Bloomberg for example... The…
A 'wild card' segment has been added to NFTRH reports because I wanted the freedom to go out of bounds in any direction, beyond our usual areas of disciplined coverage.…
As in January of 2013 (ahead of an economic up cycle) and Q4 2017-Q1 2018 (ahead of an economic ripple that began in 2018) the Semiconductor sector and in particular…
I have so many charts that I use for NFTRH's Market Internals segment that I have had to start a new system, color coding the various internals indicators thusly... As…
The 3 Amigos were a blogger's way of not boring himself to death while fleshing out important macro indicators month after month. Amigo #1 (SPX/Gold ratio) got home and dropped…
How typical. Just as everyone was getting beared up out comes the employment report featuring a blowout number of +312,000 in December (vs. an expected 188,000). Here is the blurb…