NFTRH 355 Out Now
NFTRH 355 takes the balls in the air, tops spinning on the table and the up and down market whipsaw and attempts to distill it all into a sensible narrative…
NFTRH 355 takes the balls in the air, tops spinning on the table and the up and down market whipsaw and attempts to distill it all into a sensible narrative…
I find it interesting that July Payrolls was pretty decent, the US dollar firmed (apparently with firming expectations of a Sept. rate hike), some stock markets and commodities are weak…
Yesterday was wax off because as the media rationalized, some Jawbone was talking tough on interest rates (as in a September hike is on). Today wax is on because well,…
Since the October decline, into which I had some profitable short trades and out of which I had some profitable bull ones, the stock market has gone mostly sideways in…
The rise in short-term bond yields seemed to result from everybody getting in line and giving the FOMC its due respect (hey, they are going to raise the Funds rate...…
SPX is at its MA 200. Time to bounce to keep this unpleasant chart from becoming ugly like the Dow.
Dow is around a short-term trend line but below lateral support. It can bounce but this has technical damage.
Below is the opening segment of this week's edition of Notes From the Rabbit Hole, NFTRH 353. After this theoretical exercise we got down to nuts and bolts analysis, which…
In an update on Monday we noted the following using a weekly chart of HUI... Here is the blown up view (again, no pun intended) of weekly HUI. I have…
These range from suspect to outright ugly. Somebody had better start buying up Junk Bonds. Meanwhile, Treasuries are getting a bid and inflation is nowhere to be found. Goldilocks however,…
The Semi's have led the broad market ever since 2012. That is not the be-all, end-all but it is notable. The market has other leaders now, like the speculative momentum…
The Semiconductor Equipment book-to-bill data are out and while June eased a bit it did nothing to cause any disturbance to Q2’s numbers. This means that through the April-June quarter the reported data of the 3 month averages remained strong. Bookings have however gone on a slight declining trend over the last 3 reports.
Excerpted from an extensive multi-market NFTRH update (including global stocks, commodities and precious metals) yesterday morning: Volatility. It is what we expected and it is what we have with Tuesday’s…
"Turnaround Tuesday"... isn't that what they call it? Well, it turned around for several things not called precious metals or China. I did a little buying today of strategic semiconductor…
Gold vs. Silver is up but still in consolidation longer-term. It must turn down here or there will be concerns for many markets. Which would add to the concerns already…