Market Update
The Non-Farm Payrolls report comes out at 8:30 US Eastern time. It’s a tough call on what the market wants to see. The market is as capable of celebrating a bad number (Fed on hold!) as it is a good one (economy is still humming!).
The Non-Farm Payrolls report comes out at 8:30 US Eastern time. It’s a tough call on what the market wants to see. The market is as capable of celebrating a bad number (Fed on hold!) as it is a good one (economy is still humming!).
Isn't it interesting that one of the few sectors in an unbroken bullish uptrend, the Biotechs, are down hard today as the stock market gets the relief bounce (a bear…
The potential bear trap and bounce noted in yesterday's update is following through today and now it is time to set its parameters. To keep things simple, let's use a…
I am using Intel (INTC) as an example because it is an NFTRH+ item that has still not reached its target of 40+. That target is in doubt with the…
Another solid report this week. I know that because it helped me out yet again in trying to understand all the components in play across markets; all the tops spinning…
Well, that was a heck of a post-FOMC reaction. As if the slightly redone wording actually said anything more than 'we may raise interest rates by mid-year and then again,…
The other day pre-open, we noted that the market was at a decision point. Well, it seems to have decided and it's not pretty. That's a gross looking pattern on…
In NFTRH 327 we noted that the markets were at a decision point, sitting in a neural zone for the short-term. An example of this neutrality being the S&P 500,…
There is a lot happening across global financial markets. We go in depth into US stocks, review global stocks, make sharp points about commodities, cover macro indicators in depth and…
As if it were as easy as all that the market looks like it is trying to find support after we noted its state in pre-market. It is not as…
What I mean by "Bounce" is not necessarily in the stock market, which is a candidate for one. But in the inflation story. Per the post on T bonds and…
US Stock Market The stock market is down again in pre-market. We are at a point where technicals will start breaking down or another big bounce reversal will begin. For…
The Banks (BKX) have been leading the broad US stock market (SPX) down into this bumpy ride as T bond yields tank ever further. While the intermediate picture features varying…
The title is not meant to declare that this time gold stocks are going to exercise the excellent risk vs. reward stance vs. the US stock market. But it is…