NFTRH 874 No Confidence At some point the shine is going to come off the story that sees Trump as a great negotiator, artful dealer who's whipping the rest of…
They are making nice-nice. The US and China, with a side order of Europe. The stock market mini-crash came at the hands of the tariff/trade war and of course the…
Sad trader, happy trader, awestruck trader... he's happy again! I have to hand it to this gentleman. He has parlayed facial expressions into a cottage industry that has even landed…
In light of Trump's attack on Iran's nuclear capabilities over the weekend and this morning's little pump in USD, I thought I would reprint the Global Stock Markets segment from…
By the XLV/SPY ratio and several other indicators, risk is back on in the markets VIX: Deeply depressed from the hysterical April high, indicating complacency High Yield (junk) Spreads: Deeply…
What was good for the bullish goose (sentiment extremes in March-April) is going to be good for bearish gander as well Excerpted from the May 11 edition of Notes From…
The gold stock correction was needed, is healthy and will provide opportunity Let's not belabor the point; the gold stock correction came as implied - and frankly, as needed -…
Stock market ready to ramp on Happy China & Powell Talk from Bessent and Trump It's a continuation of the wax-on, wax-off, wax on again way of Trump's messaging. If…
NFTRH 859 Gold Is Going To Correct It has to, right? Yes, of course. The "literal" linear scale monthly chart says so. It's gone vertical, RSI and MACD are wildly…
The XLV/SPY Ratio is a bear market indicator when rising The XLV/SPY ratio pits a more defensive, more cyclically insulated sector vs. the broad US market. Its defensive characteristics tend…
As Inflation Bugs sell indiscriminately, the gold mining Macrocosm (of proper macro-fundamentals) is engaged A man sits in the White house. A different kind of man. A man who does…
Trump throws Spanners and Monkey Wrenches into the works with abandon, stock market plays along Are we having fun yet? Tariff on, tariff off. Wax on, wax off. Trump says…
This market bounce is a bear flag before it could become a legit rally because the definition of a bear flag is a rising market following a decline, happening on…
NFTRH 851 An abbreviated edition this week. Surgery went well and I'll be recuperating over the next couple of weeks. [edit] It turns out the report is not quite as…