The banking sector is breaking down in relation to the S&P 500 [edit] SV Bank meltdown! Shows how closely I follow the news of the day. Obviously consistent with favored…
Updating the S&P 500 (SPY) weekly chart inverted H&S situation What started out in December as a sort of 'man stares at chart' joke (weeks before it even activated)... S&P…
The ratio of big Tech (QQQ) to the broader market (SPY) is in danger of making a secular top The log scale monthly chart (displaying percentage changes) shows a channel…
Headline US stock market ETF vs. headline US Treasury market ETF The daily chart of the SPY/TLT ratio shows the broad US stock market (incl. dividends) clinging to its major…
As the stock market's sentiment relief rally has labored on, volume has diverged It's not usually a good sign when an index, ETF or individual equity rises on diminishing volume.…
If you, like me, think about shorting (in my case it would be against some long positions) here are a couple charts and some parameters for consideration. The caveats to…
Even as silver continues to lead gold, check out gold (GLD) vs. SPX (SPY). The pattern is an inverted H&S, which would be a bullish reversal if it continues to…
After adding GOOGL this morning to go along with other items I consider somewhat negatively correlated to long-term yields (DVAX, TWST, ZM, META w/ MSFT on priority watch) and thus,…
Not very happy signaling from the Pigs Neither nominal KBE... ...nor the KBE/SPY ratio are looking very good in the face of rising yields. Indeed, KBE above is in a…
Gold, silver and the miners in relation to SPY/SPX We all know that gold and its fellows have bottomed (minor or major)* vs. broad stock markets, and below is a…
I've increased the ratio of gold stocks to non-gold stocks in the portfolios today. Added were AEM and BTG (to go with GBR.V, MAI.V, GBRR.V, OGN,V, SSRM, WDO.TO and GDX)…
The Medical Device ETF is breaking a trend line We have tracked market leadership by the SOX>NDX>SPX chain closely in NFTRH. It is one of the keys to an ongoing…
I highlight things I see during the week expecting us not to over-react but instead, consider. What I see today is Healthcare (XLV) testing the April low in relation to…
We had a bullish write up about the Semi sector in NFTRH 666(6). Let's call that a wild card among the less defensive market areas due to its growing field…