The market is rotating out of the leader (NDX, tech) and even more so the leader's leader (SOX, Semisconductors) and even more than that, the leading component within Semis, the…
Long-term bond yields are rising this morning, and you will notice, the 2yr is rising more than the 30yr. So not only is this a boost for the 'nominal yields…
Okay, so the theme is that on the macro 3 events may come together to signal a big climax, leading to change. Those Amigos are... Stocks complete their rise vs.…
To my eye, conflicts and inconsistencies abound in today's micro. Strong producer prices data spurs Fed rate hike talk (December is in the bag anyway), slowing China growth hits commodities,…
[edit] As I do the actual work of plowing through NFTRH 472 I am noting some non-bond related indicators in line with the fading Junk/Quality ratios and easing Treasury yields…
[edit] This article ultimately leans toward the view that the reasons for a rising curve will be inflationary. But I woke up in the middle of the night and my…
A few random charts from a segment that is probably not as sexy as some others (okay, you got me... there is nothing sexy in NFTRH because nerds are not…
This may be one of the simplest updates ever. As I was looking through some monthly charts for a post on big picture multi-market status I saw something that hit…
No real need for too many words here. As of now, the Silver/Gold ratio is having its 2nd day above the SMA 50. That goes well with the broad market…
The ratio of Junk to long-term Treasury bonds is an indicator of the will to speculate in financial markets. Is the large relative sell volume a sign of capitulation prior…
Some daily charts of market indicators that could come into play at any time. [edit] I forgot Staples vs. Discretionary; let's pop it in here and ask whether it was…
As noted in NFTRH 445, XLY (consumer discretionary) vs. XLP (consumer staples) has disregarded the 2007 memo and broken its dome upward. That is very un-2007 and a higher high…
No additional words, other than to say that the chart says all it needs to say. Subscribe to NFTRH Premium for your 30-45 page weekly report, interim updates and NFTRH+…
Sure, the bounce in bonds is a negative divergence to the reflationary/inflationary 'Trump Trade'. Sure, the post-January rise in Healthcare vs. the S&P 500 is a negative divergence. Same goes…