NFTRH 348 Out Now
A good report, as usual. That may sound smug but #348 is another report helped me personally because as usual I don't go into these things so much trying to…
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June 21, 2015
Gold’s Ratio Signals
A brief snapshot of counter-cyclical gold's macro signals vs. other metals (and broad commodities) that are more positively correlated to economies, using weekly charts... Each week NFTRH updates many charts…
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June 17, 2015
NFTRH 347 Out Now
There is short-term and there is long-term. Short-term, an indicator of positive inflationary cyclicality looks set to bounce. Long-term, it is locked well below key resistance. Joining this long-term Gloomy…
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June 14, 2015
NFTRH 346 Out Now
Here is the note from the email to subscribers that accompanied the full report... "I thought is was time to bulk up a bit to a 30+ page report this…
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June 7, 2015
Banks, Gold & Yields
[edit] the post started as a simple thing and ended after getting way too involved. so much the better... An update of the situation on the Banks, the anti-Banks (gold)…
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June 4, 2015
Inside the Factory Orders Data
Courtesy of FloatingPath.com, below are some items within the disappointing April Factory Orders report. It is notable that April was the month that USD made its secondary 'lower high' top. …
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June 3, 2015
ISM RoB Growth in May
All in all a decent ISM RoB report for May. This is in line with the excellent Semiconductor Equipment sector April b2b we noted in NFTRH 244. Notable items are…
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June 1, 2015
3 Primary Scenarios
There are many more details and indicators that inform well balanced ongoing analysis, but the three scenarios below are the general options before us. Excerpted from this week's edition of…
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May 12, 2015
ISM @ 51.5%
Well, April ISM came in flat to March at 51.5%. The notables are highlighted, including exports, which got a boost in light of the weaker USD. Funny how that works.…
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May 1, 2015
Small Bounce in Orders
Courtesy of EDA, here is the data graphic showing a small bounce in Machine Tool sales in March... As well as in equipment for multiple industries... It's not a big…
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April 28, 2015
Semi Equipment Book-to-Bill
Preamble
The Semi Equipment sector gave the signal in January 2013 that manufacturing was likely to sure up and then, the economy and employment. Hence, it makes sense to continue watching the Semi’s for clues about the economy going forward.
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April 22, 2015
Boom ZERO
There is so much data flying around out there. From the Credit data we reviewed yesterday to weakening manufacturing and exports to employment up nicely one month and down big…
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April 15, 2015
Credit Managers Index: Credit Contraction
"There is quite obviously some serious financial stress manifesting in the data..." That is not me, the caution-toned risk manager writing. That is a quote from the first paragraph of…
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April 14, 2015
USD & Earnings
From FactSet, here is a graphic compiling data from the initial earnings reports from S&P 500 companies so far for Q1. At 70%, the US dollar's strength is far and…
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April 13, 2015