VIX & SPX: Strange In-day Bedfellows
And chances are one of the bedfellows is going roll out of bed. Last week we noted the coming gap fill in the VIX to close out the terror of…
And chances are one of the bedfellows is going roll out of bed. Last week we noted the coming gap fill in the VIX to close out the terror of…
Gold vs. Stocks is a major macro signaler And as yet the signal (i.e. trend) remains positive for risk 'on', for economies, for speculation and inflation. The chart shows how…
I've been writing the words "bear flag" pretty frequently lately with regard to the various bounces going on in some stocks. Below are a couple of pictures of bear flags…
As the inflation continues... We find charts doing exactly as would be expected under such circumstance. This weekly chart shows Long-term Treasury yields rising in conjunction with inflation expectations (TIP/TLT)…
Lesson #1,796,845 about how you have caution at least and run for the hills at most when the gold bug promoters school the public about how right they are and…
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…
Gold/SPX indicated the excess and the gold miners are correcting that excess In and around the August time frame we noted (in NFTRH) high risk to the gold miners because…
The hard crack in the precious metals came last week Of course it did! Gold, guns and ammo, right? Man those Unabomber shacks! Domestic terror struck the land and as…
In NFTRH 636's Opening Notes we used the SPX portion of this chart to note... Then for good measure a flagging stock market wondrously rallied basically on the vapors of…
The US dollar remains in bearish lockdown, technically The daily chart shows a slight bounce attempt that itself may be suspect, even as USD is positive morning. Barring a take-out…
Where is the Gold/SPX Ratio? Pallookaville my gold buggish friends. And that's a good place for it amid the joy fest in progress in broad markets. The daily chart shows…
Don't obsess on the US dollar dear bugs. That is easy analysis that leads to poor outcomes at key junctures. In this case it would theoretically mean that an anti-USD,…
In some ways the gold miner correction almost had to happen. So says the chart below. A reminder here is that nothing is happening now that did not happen in…
We have shown how the US stock market and the inverse of the US currency are not so strange bedfellows. But there is one former bedfellow who is now strange…