From the Quantifiable Edges blog (linked at both nftrh.com and biiwii.com if you ever want to reference it) comes this interesting 'quant' of what happens after the Fed begins hiking…
Russell 2000 is poking below support this morning. That would be okay as a potential in-day whipsaw but other indexes were showing negative signs 2 days ago (subscribers ref. last…
It is in-day, and this market just loves whipsawing everyone. So the caveat is that it could easily close back within the parameters we had set out. But as of…
[edit] Enter the Draghi... sorry for my naivete. I was out most of the day and for the life of me could not figure out how that jobs report launched…
Euro 50 Flips Draghi the Bird, S&P 500 Fails at a Key Parameter, Semi's are Fundamentally Bearish and Gold Has a Sentiment Washout Within its Bear Market Markets Had Been…
I continue to believe the semiconductor sector is setting up to disappoint those who buy it as a momentum-based market leader. That is due to fundamentals we discussed previously. As…
While it seems to take forever for the S&P 500 to choose a plan (correction/bear market or resumed bull) some behind the scenes discussion can be helpful. The market seems…
We reviewed some preliminary negative economic implications from the fundamental side of the Semiconductor sector in an NFTRH update yesterday. As you may remember, the Semi sector compelled me to…
We have long held that the Fed does not make decisions but rather, the Fed pretends to make decisions. The Fed ultimately follows market signals although to get in line…
We covered the daily chart earlier. Now for the weekly view, which puts some perspective on the bounce from last week's losses. This bounce was always going to happen. I…
SPX has bounced to 2080 to fill the gap.
The first bounce has arrived above the 1980 to 2000 support area. 2020 is a former minor resistance area so it too is a minor support area. While I'd expect…
From an update 3 days ago... "Think of the 60 minute as the ignition, but the daily would drive the bus to Correction City..." The 60 min. chart did its…
Over the last week we (NFTRH) have used market sentiment indicators and index charts to gauge the prospects of finding a high on the post-September relief 'bounce' rally. During August…