We are now into H2 2019. It's amazing how time flies. The Semi industry has been targeting H2 2019 for a bottom and/or upturn, and here we are. For reference,…
So it would appear. Much like with the contrary (bullish) view on Treasury bonds (negative view on yields) last December to March, I've been nursing Uncle Buck along on a…
The gold sector is acting the way we'd want to a counter-cyclical sector to be acting with US and global markets throwing a fit over the geopolitical situation, which may…
With stocks starting the week and a new month under pressure our analysis holding open resumed correction potential is so far looking good. But on the other side of the…
Note for traders: HUI is hitting the bounce target range, but economic data has improved the sector's fundamentals. Last week we got a double dose of gold sector fundamentals as…
Stock Market SPX is back below the key short-term resistance line and the 50 day EMA and SMA. We are back on watch for the EMA 20 (orange dotted) as…
Another quick snapshot of the US market. It was a perfect hit of the channel bottoms and support levels. While I remain intermediate-term bearish the markets that stance only firms…
[edit] Enter the Draghi... sorry for my naivete. I was out most of the day and for the life of me could not figure out how that jobs report launched…
Folks, you know I am not a sponsor of any of this stuff. I am a robot that needs to tell you what I see and how I interpret it.…
Based on two emails received and on my own long-held (and expressed) view that a real bull market in the gold sector can and probably will be ground out against…
As you know, we have been following this constructive view of the 30 year yield vs. the 5 year yield with respect to its would-be negative implications for the stock…
Today is notable because the economic data continue to decelerate (Durable Goods declined and Caterpillar layoff announcement), the stock market is doing what we expected and the gold sector is…
A commitment has come up this weekend that will only allow me the time to review key points in NFTRH 354. What a great opportunity to put more detail than usual in an update [edit: this has turned out to be NFTRH 354, with a PDF update to be mailed on Sunday].
The Semiconductor Equipment book-to-bill data are out and while June eased a bit it did nothing to cause any disturbance to Q2’s numbers. This means that through the April-June quarter the reported data of the 3 month averages remained strong. Bookings have however gone on a slight declining trend over the last 3 reports.