NFTRH 711, out now

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 analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by Credit Card or PayPal using a … Continue reading NFTRH 711, out now

NFTRH 710, out now

It talks a lot… For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by Credit Card or PayPal using a link on the right sidebar (if using a mobile device you may need to scroll down) or see all options … Continue reading NFTRH 710, out now

A dis-inflationary whiff and its likely path

As inflation signals cool, various markets get relief Whether a bounce or something more extended, a bear market rally was bound to get off the ground sooner or later. It was a matter of time, with stock market sentiment this over-bearish. Here is how the US Stock Market segment led off last weekend in NFTRH 706: We then covered the technically bearish state of the … Continue reading A dis-inflationary whiff and its likely path

NFTRH 705, out now

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 weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need … Continue reading NFTRH 705, out now

NFTRH 704, out now

It’s a bear market in stocks. Captain Obvious speaks. But there are potentials within that. Potential for a dispiriting crash, potential for a confounding rally and potential for a moderate (but still painful for over-exposed bulls) bear cycle rather than all out Armageddon. On the big picture more and more of the global macro is failing. Commodity bulls are losing the firm ground beneath their … Continue reading NFTRH 704, out now

Not to be outdone, the Gold/Silver Ratio…

Gold/Silver ratio breakout continues apace Slowly it toined (last week man stared at chart while stuck on an airplane at JFK, Brooklyn accent appropriately included)… …and today it continues to break upward. Folks, if you don’t have your chops in order about what an upturn in gold vs. silver, copper and the rest of more inflation-sensitive (and in most cases, cyclical) stuff means you should … Continue reading Not to be outdone, the Gold/Silver Ratio…

Doctor Copper: Finally the breakdown?

As the Copper price finally makes a move that could lead to implosion (this time?) It’s a hard break below the SMA 200 and maybe this time the good doctor will prescribe a counter-cycle. Not so curiously, gold is getting blown up this morning (not quite yet to our downside targets) but oh wait, look at the old monetary man vs. the inflated economic doctor. … Continue reading Doctor Copper: Finally the breakdown?

Copper/Gold ratio continues to be macro unfriendly

Cu/Au bent but not quite broken Wallowing below the moving averages, the Copper/Gold ratio is vulnerable. It’s a vulnerability that has been in play before to no damaging effect to the cyclical inflation trades. But these things take forever (and a day) compared to our flitting brain waves firing off signals in real time. Once again, the ‘reminder’ chart about the big picture macro. The … Continue reading Copper/Gold ratio continues to be macro unfriendly

Just another Cu/Au ratio going nowhere post

Copper/Gold ratio continues sideways (what, you expected something different?) Because if nothing else, I am consistent. For a year I have reported to you the non-signal of Cu/Au. And so the macro continues its creep toward a future decision. Of course the yield curve is now doing something important and maybe other indicators will start to play ball with each other, which is what we … Continue reading Just another Cu/Au ratio going nowhere post

NFTRH 702, out now

The screenshot tells some of what’s in the report but fails to mention the heaping helping of precious metals and commodity/resource stocks also included. NFTRH 702, doing its job of ‘top-downing’ the macro in a quality manner, out now. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and … Continue reading NFTRH 702, out now

NFTRH 701, out now

Look into the eyes of the hawk. Think about how the hawk has dragged its talons all along the way to inflationary overload. Now the hawk speaks after the indicators have been shouting for months. Silly hawk. Silly, damaging, eggheaded Keynesian hawk. Angry? Nah. Frustrated? Yes, I was a little bit last week. Good report this week? Yes, fun to write and helpful to boot. … Continue reading NFTRH 701, out now

NFTRH 700, out now

700… hmm… For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need to scroll down) or see other options. Keep up … Continue reading NFTRH 700, out now

Relief, in the form of credit spreads

High Yield credit spread eases On March 15 we noted that High Yield option adjusted spreads were rising, which was a distinct economic/financial negative if it were to continue. It did not continue. Along with the recent market rally the High Yield index spread has pulled back far enough to no longer be a concern, at least in the short-term. For “best of breed” top … Continue reading Relief, in the form of credit spreads