nftrh plus

Seasonality in Energy

Rightly or wrongly, I have been keeping myself from buying Energy stocks over the last several weeks even though XLE is in a pure daily chart uptrend. XLE is as…

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Read more about the article ‘Last inflated man standing’ needs a crutch

‘Last inflated man standing’ needs a crutch

The Energy sector cracks hard Technically, it is still a major uptrend (by the rising SMA 200). Functionally, it looks like hell. Oil, Gas and the Energy complex were the…

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Read more about the article vs. SPY: A view of reflationary progress (or lack thereof)

vs. SPY: A view of reflationary progress (or lack thereof)

A picture of various reflation-sensitive markets vs. SPY/SPX The picture says that equity-centric reflation markets are struggling to regain uptrends relative to the broad SPY/SPX, and indeed are maintaining the…

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tyx

As COVID-19 Backs Off and Yields Back Up…

Today came the happy - and inevitable - news. Some day on the horizon this effing virus is going to stop hanging over our shoulders. Some sectors especially appreciated the…

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Read more about the article A Lack of Energy

A Lack of Energy

That is what this reflation has, a lack of participation from the Energy patch. Daily XLE is trending down by both of its key moving averages. It is curling below…

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nftrh plus

NFTRH+; Energy

Ref. the bullish bounce pattern in crude oil we noted in NFTRH 536. The target for WTI crude is around 60 (oil is currently around 54). So assuming that the…

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