As long as the US dollar continues to correct (attended by the declining Gold/Silver and rising Silver/Gold ratios) it looks like Global markets are catching a good bid along with…
Global stock markets are inversely correlated with the US dollar over the last year While there are some areas that could get a Goldilocks bid under the right circumstances (including…
Back to the normal format after getting some important details and distinctions worked out in last week's more talkative edition. NFTRH 711, out now. For "best of breed" top down…
Just doing the work and moving forward. NFTRH 705, out now. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth…
ACWX (world, ex-US) sports a Diamond pattern in the making. People incorrectly (IMO) label this as a reversal pattern when actually in my experience a Diamond tends to be a…
Yesterday we noted 3 sectors very interested in and benefiting from the cyclicality of rising long-term Treasury yields for a day at least. But what if the move is real,…
The Trump/Fed/Treasury/Taxpayer backed reflation parlor trick known as currency devaluation does not only benefit the reflation sensitive US sectors (Materials, Industrials, Financials, etc.), it also benefits much of the world's…
First off, a wish to all readers for a happy Memorial Day weekend as we remember loved ones lost in battle and otherwise. Memorial is not a US thing, it's…
Per the email accompanying the report to subscribers... There is a lot going on this week from a macro perspective. For me, the Fed's dovish stance along with the 2yr…
A snapshot of another of our themes, that of the US dollar and global markets' inverse relationship. As noted in NFTRH 539 ACWX (world ex-US) has approached an area where…
The simplest update we've ever had. An update on Nov. 26 talked about how Treasury yields are still set up bullish on the big picture and how inflation ain't dead…
In NFTRH 516 we talked about yields, the yield curve, silver, silver vs. gold and the possibility of an inflationary situation cropping up. Please review pages 10-13 in NFTRH 516,…
A look at some daily charts of global markets/ETFs vs. SPX/SPY. Same rules apply as with the US sectors; it's not TA, it's a gauge of relative trend. In this…
The major caveat being that the Baltic Dry Index is a calculation, not a readily TA-able index. But the calculation of shipping rates has been dropping for a few weeks…