Gold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today’s ‘in
Tag: SPX
NFTRH; Pre-Market Notes & SPX Daily Chart
Here is what we are dealing with this morning, after yesterday’s big break. And this. It’s a typical FOMC week where the machines react in
Gold/SPX Ratio Bouncing From a Logical Point
Not only did the Gold/Silver ratio recently hit a major support zone* (as shown in NFTRH 605) during this market sentiment rally, but so too
NFTRH+; HUI & SPX
I am finally getting myself oriented after being on the road yesterday and completely missing the FOMC nothingburger of future inflationary policy. The broad markets
VIX Not Diverging Inverse SPX
In taking a look at the daily chart of the VIX and noticing its somewhat firm look (as opposed to a continued plunge) I expected
Market Leadership Indications
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
A Healthy (and needed) Gold Stock Pullback in Progress
Why are gold stocks “getting hit” today as the stock market cheers some vaccine and economic reopening hype? You know why. They were due for
US Index Status
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
NFTRH; VIX Status
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
‘Sentiment Event’ Rally Grinds On
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
S&P 500 Daily Chart
I’ve spent so much time managing gold miners (for fundamental and technical reasons) and the remote work/communications/commerce/healthcare stocks (for obvious reasons, in NFTRH not here
NFTRH; Technical status of US stocks & precious metals [w/ edit]
Here is the snapshot a couple minutes before 6:00 US Eastern. What I see here is the relatively weak SPX and especially Dow and the
NFTRH; Market Update (SPX & NDX)
We did a little work in the TL Notes yesterday showing that HUI ticked its higher high, which we very much want to see for
NFTRH; a road map for SPX
Below is a larger version of the daily chart posted in yesterday’s TL Notes. Since SPX closed above the EMA 20 it has opened up