NFTRH; Market Update and Admin Note
Let's do the admin housekeeping first. Folks, about the Trade Log... I may be talking to a tiny fraction of the base, but please remember that as someone with many…
Let's do the admin housekeeping first. Folks, about the Trade Log... I may be talking to a tiny fraction of the base, but please remember that as someone with many…
As we approach the end of February I think some of these big picture charts are telling some interesting stories. Dow is testing its channel breakout, which actually looked like…
With the gold sector having held key support and now bouncing with the risk 'on' markets after dropping with those markets, I don't find reason yet to view the sector…
What's this? The color I see in the market futures is not green? What is the meaning of this?!? Here are this morning's Bloomberg headlines... Broad Markets In sum these…
A few ratio indicators to keep an eye on as gold and silver continue to tank and the miners remain nominally weak. GDX/GLD ratio is making me feel braver still.…
The stock market is very overbought in general. There are certain sectors (Biotech, Telecom, etc.) that have gone in the opposite direction and certain indexes/segments (Small Caps, for example) that…
Time once again for a review of the big picture, because... perspective. For example, in my mind I feel that training has been done to not expect a real whopper…
HUI acquired the 220 target today, hitting 220.22. I want to stress again (said the broken record) that targets are not stop signs. They are reasonable projections made well ahead…
I'd love to say 'hey look at me, market hog caller extraordinaire!', with the stock market going down and gold going up (per our plan for coming pivots in these…
A quick update to gold, silver and the miners. Gold has had a potential bounce target to 1300 in the cards, per this daily chart (as of yesterday's close). Here…
A few weeks ago we laid out parameters by which the rally would be defined as a bounce vs. a bull phase. Let's update the sector's technical status. Below are…
US Stock Market The US market seems to be following a code that goes something like this... "If things are questionable... buy Facebook! Buy Amazon! Buy Netflix! Buy Google!" In…
Short-term contrarian sentiment has improved this week. With the ongoing consolidation in stocks (red arrow), the dumb money has dropped and the smart money has popped. This is of minor…
Rather than go through the clunkiness of writing on Word and creating a PDF file I thought I'd pop this week's abbreviated NFTRH 454 right onto the website as a…