NFTRH 396 Out Now

Okay, I'm pooped.  No promo.  :-( [edit] Well yes, there is a promo.  It's from subscriber Joe F:  "So fucking good." Subscribe to NFTRH Premium for your 25-35 page weekly…

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Pro-Inflation? Anti-USD?

This is the opening segment from the May 15 edition of Notes From the Rabbit Hole, NFTRH 395.  I am releasing it for public viewing because it seems, the title's…

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Gold, Silver, Stock Market

I could write a long, detailed post trying to encompass global stock markets (generally bearish), commodities (bounce very mature) and bonds (mixed views, depending upon the flavor) but that is…

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NFTRH; US Stock Market Technical Situation

Yesterday’s hard reversal of Tuesday’s bullish move was an unpleasant development for the bulls but this morning, plucky as ever, they are back at it trying to bull the market again (SPX +13.50, NDX +27.50, Dow +87).

Recall that we were using the EMA 20s (orange dotted line on SPX and blue lines on NDX and Dow) as a key for the short-term.  On Tuesday SPX and Dow popped above the EMA 20 but the NDX stopped right at it.  NDX is a leader.

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Broad US Market

This market is anything but cut and dry.  For instance, within this single chart we find some broader market indexes above their supportive moving averages and some below them.  Lateral…

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30yr/5yr yields and S&P 500

We have followed this chart for a long while in its various forms in NFTRH.  Here is the simple view of the S&P 500 on top of what appears to…

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Fear Not Gold Bugs, Gold Ratios Well Intact

What has been going on since mid-February is a burst of the 'inflation trade' as evidenced by silver's leadership in the precious metals sector.  This opened the barn door for…

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NFTRH; Precious Metals Update

HUI has, barring a spectacular reversal, cleared the most recent target of 211 and with unrelenting strength.  I have added RSI to the weekly chart we have used to plot the bull market signals of 211 (door opener), 251 and 261 (confirmers).  RSI is getting over bought.  The implication is that when a correction comes it is going to be an extended affair unlike the sideways to down consolidation and small bull flag pullbacks to date.

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“A Historic Bull Market”

The US is in the midst of one (Bloomberg) It's another piece talking about this "most hated bull market of all time". So many bull wiseguys highlight this while soft…

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SPX Bear Signal Negated

The weekly EMA 20 has crossed over the EMA 50 and that is just a fact.  The bulls not only took the bears' ball, but now they are chasing them…

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A Reversal w/ a Lot of Energy

In pre-market there was some hype surrounding the Doha 'failure' to fix prices in oil.  Failure?  That's a victory for the free market and it turns out, those of us…

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NFTRH 391 Out Now

This week we abbreviated to a review of limit and/or trend change points in several markets, further discussion of inflation and what needs to be in place to call an…

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