NFTRH+; US Market Leadership Update
The leadership chain (SOX>NDX>SPX) is holding up this week on the daily charts. SOX/NDX has done the first thing needed to go bullish again and that is to authoritatively take…
The leadership chain (SOX>NDX>SPX) is holding up this week on the daily charts. SOX/NDX has done the first thing needed to go bullish again and that is to authoritatively take…
The leadership chain is intact. SOX/NDX has remained functional. NDX/SPX has regained functionality. SOX/SPX is making a new high. Per this chart, as noted on Sunday in NFTRH 622, "this…
Why again do I not have the constitution to be a perma-bear? Dow counts 27805 reasons as it breaks through the EMA 20 and SMA 50. SPX has taken out…
Inflation/Deflation Any strategy aside from stoically sitting with current positions and macro view (whatever an individual's stance maybe) will depend on the inflation/deflation dynamic. More to the point, inflation expectations…
The men, women and machines that are driving this hysteria now were sitting in the corner sucking their thumbs in March. They were swearing off investing and a lot of…
Why, it was the NDX/SPX ratio, AKA the market leader holding its leadership trend. Just a week ago the mainstream financial media were urging caution on Tech and offering ideas…
Hey, it could be back to the future where value stocks will take over for growth stocks or it could simply be a reset of the overdone froth that the…
Nasdaq outperformance vanishes as Dow, S&P score gains after Gilead’s remdesivir update Link removed as even MarketWatch must have realized how dumb it is and they now just link a…
Last week NDX put in something of an Evening Star Doji and bull trapped the momos into a pullback for a second time, as we noted in NFTRH 609. Today…
The over valued growth area known as the Cloud (w/ SaaS software and all that remote collaboration stuff) has been a leader out of the March crash, leading broad Tech…
The leader, NDX, is filling its gap and pretty much at target today. The follower, SPX, is approaching target (and a gap fill). And Jerome Powell's 60 Minutes megaphone clowned…
Just an in-day status report. As of 1.5 hours into the regular session VIX is recoiling back to the EMA 20. There is no telling whether it will resume upward…
NDX (QQQ) painted a bearish engulfing candle 2 days ago and yesterday it fulfilled the minimum requirement of that signal by having a solidly negative day. However, it is above…
Excerpted from this week's edition of Notes From the Rabbit Hole, the Opening Notes segment of NFTRH 602: 'Sentiment Event' Rally Grinds On As we noted in March while it…