10yr-2yr & 10yr-3mo Yield Curves continue to steepen as shorter-term indicators start to react A simple post about Yield Curves veers in a lecture of sorts In NFTRH we have…
The S&P 500 (weekly, log scale) and a few of its risk indicators Progressing along and gaining a comfort level with this medium, here is the latest macro blurb to…
If you're only watching market prices (and drama) you're missing key points beneath the surface I have not posted yet this week due to being preoccupied elsewhere, due to having…
As part of some year-end housekeeping I have replaced the decade+ old content under the NFTRH Tools tab with stuff from the modern era. Much of the wording is the…
Thing 1 continues to emerge from its bull flag while Thing 2 is breaking down from its bear flag. Logical, eh? Macro dorks, have at it with your interpretations. Slowly…
Well, it turns out that NFTRH was timely in resurrecting this indicator to highlight the divergence in equal weight SPX to headline SPX back on February 9th in NFTRH 589.…
The recent journey has been out of a jittery summer filled with trade war anxiety, into a rally and breakout in the S&P 500 and a Q4 bounce in the…
Random internal views for a Wednesday morning. Putting pictures to what is normally a color coded written NFTRH segment in order to save space within reports that are routinely over…
Global central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor…
Just a light duty post to show you 3 different items that would travel together in a would-be reflation trade. This chart is probably over a year old and was…
This morning in pre-market the Amigos' futures charts update the macro story... ...which goes something like this... Copper, the cyclical Amigo (weekly chart) has furthered the intermediate trend line break…
No matter whether or not gold resumes its correction, as these ratios trend down the proper macro backdrop is in place for a bullish view on the counter-cyclical gold stock…
As if its ears were burning when I mentioned it in the previous post, the Silver/Gold ratio hopped on and is starting to ride this morning. Now, the questions are...…