The Semiconductor sector was very bullish yesterday and it is a leader. SOX refused to break down and this relative strength now manifests in a partial market recovery pre-US open…
NFTRH 364 talks about 'comps' 1, 2 & 3 for the current S&P 500 situation. Those would be the bearish 2001 and 2008 and the ultimately bullish 2011 one. We…
On Tuesday we reviewed the constructive looks of gold stocks (GDX), energy (XLE) and the US stock market (SPX) by daily charts. In NFTRH 363 we noted that GDX had…
We have been successfully managing an 'in motion' market since the August festivities kicked off. It is October and Money Managers (NAAIM), Newsletter Writers (Investors Intelligence) are thoroughly spooked and…
As you know, we have been following this constructive view of the 30 year yield vs. the 5 year yield with respect to its would-be negative implications for the stock…
We have had a theme that gold will not be favored until confidence wanes in policy making and its ability to control market outcomes. I thought this morning's post-Payrolls reaction…
Sometimes we need to dumb it down and look at cartoons or the simplest pictures we can find. This is a calming view when considering the noise of Elliott Wave…
Well folks, 'August low retest' it is, as per plan. Part 1 was the drop from the August breakdown. Part 2 was the 'bounce' recovery (ended at SPX 2020). Part…
Today is notable because the economic data continue to decelerate (Durable Goods declined and Caterpillar layoff announcement), the stock market is doing what we expected and the gold sector is…
Yesterday Biiwii had a look at the 30's vs. 5's, which appear to be bottoming and not a pleasant picture for the stock market. But the most commonly viewed yield…
I hope you like the new site. It may take a bit of getting used to , but I love it. At the height of the mini hysteria, I shorted…
The Fed rolled over again, which was not surprising given global economic slowing, global monetary easing and a would-be firm US dollar's continued negative impact on US exporters and manufacturing. …
NFTRH 360 does a 360 all around the oh so highly anticipated FOMC 'decision', talks a little about the accuracy of professional economists' recession predictions and talks a lot about…
While the stock market does its wax on, wax off, wax on routine, two anxiety indicators continue to flag in consolidation. They are consistent, orderly and as long as they are flagging the market is probably okay. But these are still bullish looking consolidations.