global stocks

NFTRH Interim Updates

Market Update FOMC, T-Minus 1 Day…

Roughly 24 hours before the latest great ‘decision’ gets handed down on whether or not the Fed is considering changing ZIRP-eternity any time soon I thought I’d put up a general update of various markets.

It is the same old theme for the S&P 500, with a sideways to up bias on the intermediate and slight downward bias on the short-term.  SPX is grinding up and down every couple days and this is a market that people should stand aside from, outside of individual trades and long-term orientations taken for other reasons.  This market is and has been going nowhere.

spy

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June 16, 2015
NFTRH

NFTRH 343 Out Now

It is more important than usual to be fine tuned on exactly why the gold sector, rising as it is with the general 'anti-USD' trade, is different. We go into…

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May 17, 2015
NFTRH Interim Updates

Market Notes

Stock Markets

Interesting developments in the markets this morning.  Apparently momentum-fueled markets are getting knocked down by some hype from China pertaining to authorities allowing shorting of Chinese stocks.  That is not fundamental to anything, but it is a shot across the bow to over confident bullish momentum players the world over.  In true momo fashion, they are knee jerk selling in response.

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April 17, 2015
NFTRH

FXI Launch Not Taking NFTRH Subscribers by Surprise

While featuring good calls that I have failed to personally take advantage of (can't buy everything and my focus has been on Biotech and Specialty Pharma for available risk funds),…

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April 8, 2015
Stock Market, Global / Stock Market, US

Stock Market Snapshot

S&P 500 unsurprisingly did not follow through on yesterday's China hype-fueled rally.  Lateral support is shown along with two targets if support breaks.  The targets are plotted by 3 charts…

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March 31, 2015
NFTRH

NFTRH 336 Out Now

Well, I just wrote 42 pages.  I'm spent, so no big promo.  I am personally enjoying the market for what it gives and having a good year so far.  In…

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March 29, 2015
NFTRH

NFTRH 334 Out Now

An important new theme is introduced with respect to the Fed and its unruly subject, Uncle Buck.  Lot's of other good stuff too. Subscribe to NFTRH Premium for your 25-35…

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March 15, 2015
NFTRH Interim Updates

Multi-Market Update

US Stock Market

S&P 500 is +5% today in pre-market and I have not covered my short position on SPY, although for NFTRH+ purposes, the preliminary bearish trading target was 206 (SPY closed yesterday at 204.98).  So that trade is complete.

I expect SPX to eventually move down to the support zone at 2000 +/-, where the decision would then be made as to whether or not we are going to test lower levels.  So interim bounces could be additional shorting opportunities, as was Monday’s little joy fest.

spx

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March 11, 2015
NFTRH

NFTRH 333 Out Now

Just moving along in 'swing' mode, doing what the markets tell us to do and not trying to force anything.  Simple, but it works.

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March 8, 2015
NFTRH Interim Updates

Market Update

US Stock Market

Nasdaq hit 5000, market sentiment became over bullish to an extreme and yesterday was a down day.  Indexes put a tail on their candles and closed above the low of the previous day.  SPX was the worst potential offender of the major indexes yesterday.  Had it closed below Monday’s low we’d have noted that as short-term bearish.

spx

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March 4, 2015
NFTRH

NFTRH 332 Out Now

332 is a good one.  They all have been lately in my opinion.  I know that because each week doing the work in these reports (and in-week updates) helps orient…

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March 1, 2015
Stock Market, Global

Germany iShares, Weekly

On Feb. 12 we NFTRH+'d Germany (and Europe in general) and assigned a target to EWG using a daily chart.  Here is EWG weekly, trying to get through resistance after…

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February 24, 2015
NFTRH Interim Updates

Market Update

Usually on Wednesday mornings we do a standard ETF update.  But given the interesting things happening across several markets, this morning I thought I’d do a freer flowing update.

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February 4, 2015
NFTRH Interim Updates

NFTRH; Key ETF Charts

A snapshot of current daily technicals…

Precious Metals

GLD broke back above the first key support level.  120-122 will be a big test.  A rise above 120 would put in a short-term higher high to go with the recent higher low.  114 is where key support begins.

gld

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January 7, 2015