Protected: NFTRH 755
Notes From the Rabbit Hole #755 Summary of NFTRH 755 and the macro situation leading up to it US Stock Market The Q4>Q1>Q2 rally drags on. There continue to be…
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April 30, 2023
Callum: Investors All-In; Good Luck to Them
We are operating to an SPX target that is well higher; 3000+. That has been the case ever since SPX broke out of the red box shown here. Before that…
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October 1, 2018
Stocks, Bonds and Gold; Snapshot of a Shifting Macro
Over the last year we transitioned from the stock market angst of 2015 to the bullish breakout of 2016. For NFTRH, the real proof in the pudding was the ramp…
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April 13, 2017
NFTRH; In-Day Snapshots of Market Risk and Gold Sector Funda
Gold vs. SPX (GLD-SPY) is breaking to new highs today. It is not a coincidence that the above chart looks a lot like Treasury bond fund TLT, as they are…
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April 13, 2017
NFTRH; Market Divergences
Now that we are all giddy and bulled up (with SPX nearly touching the 2060 resistance zone), how about we review some more underpinnings that are less than stellar (joining…
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October 22, 2015
Junk’s Bearish Market Divergence Continues
Junk bonds have bounced with Santa (nominal HYG, top panel), but have remained locked in downtrend all through the bounce. Further, Junk vs. Investment Grade and long-term Treasury are still…
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January 2, 2015
Bond Risk Profiles Flip Flop… Slightly
Yesterday we noted TLT (often risk OFF) was popping up from its flag. Today that is reversed. Today we see a massive risk 'ON' impulse throughout Wonderland, I mean the…
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October 31, 2014
4%
If the monthly chart of the COMP is to be believed, 4% is the ‘reward’ side of the risk/reward equation in tech stocks. COMP could gobble that up in 3 days.
Bulls have surely won. The market has gone much higher than I for one thought it would when I got bullish on its prospects in late 2012. Much higher; but then I am not a bubble chasing momo. I am a conservative player with a negative view of the mechanics that have produced this bubble. Still, there is no use denying its reality.
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February 26, 2014
How [They] Learned to Stop Worrying and Love the [Market]
How I [they] Learned to Stop Worrying and Love the Bomb [Market] paraphrasing Stanley Kubrick’s great cold war/nuclear paranoia film Dr. Strangelove (1964).
The USA thrived during a 20th century rife with war, famine and depression. This was a wealthy country however, founded on principles of self-reliance and valuing thrift, saving and honest work for an honest return. Add in unparalleled productivity and economically at least, the positives more than outpaced the negatives.
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January 14, 2014
Momentum: By Definition it is Hard to Stop
Excerpted from NFTRH 250 (August 4, 2013) Momentum: the quantity of motion of a moving body, measured as a product of its mass and velocity. the impetus and driving force…
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August 7, 2013
Risk is OFF
Risk is OFF [ed: 'Risk Off' might seem obvious this morning, but NFTRH has been highlighting acute risk in the US stock market since leading indicators - including a sentiment…
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June 24, 2013
NFTRH Interim Update 3.14.13, Market Update
Precious Metals (Negative) Bearish Engulfing candles aplenty yesterday ('BE' is only a very short-term bearish candle, with implications over the next 1-3 days at most) Lack of bullish follow-through from…
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March 14, 2013