NFTRH; Econ Data, Markets and Gold

So the Swiss gold vote caused a sizable ruckus in gold and silver overnight.  This morning there is a nearly as sizable recovery in the metals.

The Swiss vote is an important hype component to get behind us and a positive reversal today would be notable, given the already over bearish sentiment profile (cue Citi’s Willem Buiter with a hysterical rant against gold leading in to the Swiss vote).

(more…)

Comments Off on NFTRH; Econ Data, Markets and Gold

NFTRH; Risk Profile

We have a developing potential for a stock market upside blow off on the table for reasons explained previously.  With this update I want to present the indicators that argue to the contrary and ask us to manage risk.  I cannot predict which way the chips will fall (no pun intended) but I can continue to put up indicators for guidance.

(more…)

Comments Off on NFTRH; Risk Profile

TLT & TLT-SPY

The long bond fund TLT has looked just fine, as we had been noting in NFTRH ETF updates during its bowl-like pattern.  It's now broken above it.  Daily MACD and…

Comments Off on TLT & TLT-SPY

‘Euphoria Has Set in’

From Mark Hulbert @ MarketWatch... Euphoria has set in, and investors will be in for a rude awakening Here is the graphic (Hulbert Stock Newsletter Index) from the article... While…

Comments Off on ‘Euphoria Has Set in’

Market Participation Fades

The charts below were included in an NFTRH update last week and also for eLetter readers over the weekend.  I want to put them up here as well to give…

Comments Off on Market Participation Fades

NFTRH; Market Notes

Precious Metals I got back near the end of the day and observed that HUI promptly gave back any in-day bounce hopes and has now closed below the 2008 low. …

Comments Off on NFTRH; Market Notes

NFTRH; Market Notes

With events in play I thought we should have a market update as opposed to the usual ETF update this morning... US Stock Market The Republicans won, to no one's…

Comments Off on NFTRH; Market Notes

SPX Hourly Chart

Just for fun, let's dial in close up to the wonder bounce going on in stocks.  The 60 min. view tells would-be shorts to consider the middle of Bollinger Bands…

Comments Off on SPX Hourly Chart

% of Bullish Indicators

From Sentimentrader.com's data we note that the percentage of bullish sentiment indicators has plummeted with the stock market 'V' bounce after becoming contrarian bullish at the height (or depths) of…

Comments Off on % of Bullish Indicators

Fear Gap Closing

It is now two alert subscribers in two days who have reminded me of the 2008 'Fear Gap' situation that NFTRH has been managing since at least 2013 and maybe…

Comments Off on Fear Gap Closing

NFTRH; Market Update

Stock Market Let's keep it simple.  At the depths of the recent hysterical downside we noted that the forces pushing the market down were probably unsustainable largely due to hype…

Comments Off on NFTRH; Market Update

NFTRH; Post FOMC

Post FOMC The Fed has ended QE 3 as expected. Here is the big picture view that has seen a post-2008 constant in Zero Interest Rate Policy (ZIRP) and systematic…

Comments Off on NFTRH; Post FOMC

NFTRH; SPY, QQQ & IWM

This is probably of more concern to traders, so it could be considered an NFTRH+ update as well for people who want to plot levels to take a shot shorting.  But for everyone’s reference I want to put up another view of the upside retrace potentials using Fibonacci retracement levels, now that the bounce is confirmed to be in progress and we can gauge an actual low to measure from.

(more…)

Comments Off on NFTRH; SPY, QQQ & IWM