Here is the chart shown the other day, with the S&P 500 diverging from its sustaining Adjusted Monetary Base (AMB). Bulls will proclaim that the economy and the stocks of…
Call me a perma-bear with these charts. Call me what ever you want. But I do not invent the data, I just look at it and post it when I…
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).
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.
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…
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…
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…
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. …
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…
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…
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…
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…
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…
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…