US stock market indexes sporting gaps Gaps don't need to fill on any given time schedule, but unless they are pure breakaway gaps they will usually fill sooner or later.…
The Semiconductor sector appears to be re-taking leadership The broad Semiconductor sector is hinting to take back its leadership over big Tech and possibly the broad SPX as well on…
Quick pics and brief comments. SPX recovers to near an all-time high after a sentiment micro-twitch, NDX ticks a new high and SOX recovers above the SMA 50, regardless of…
As we ping back and forth between the summer cool down (w/ potential liquidation) and the view of a resumption of the inflation trades I want to make a point…
US stock market leadership is intact We noted in NFTRH that Semiconductor leadership was well intact, but overbought. That is being remedied now as SOX/NDX and SOX/SPX pull back. Within…
First, the VIX, which has gotten clobbered on whatever is making the markets feel good today. I added some VIXY back yesterday as a vol. hedge, but obviously did so…
A few pictures of upside gaps filling on various indexes, as we speculated might happen on the short-term. HUI is going for the gap just above 330. The keys to…
US markets are testing the short-term support zones as illustrated in NFTRH 625. SPX is settling into the first projected support zone at the EMA 20 and just above the…
Gold, silver and the miners are and have been in consolidation/correction. US stocks are and have been bullish but at high risk. Here's the current technical situation using daily charts.…
Why, it's Semiconductors and big Tech. For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim…
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…
HUI Gold Bugs index is doing this so far today, busting a move above the converged moving averages. It would lead others or, as we noted in NFTRH 597: Gold…