[edit] With the intensity of this week's move I've already taken a couple quick profits in items that could be considered part of the 'anti-USD' trade. The most recent leg…
Yesterday we concluded... Bottom Line Market Internals are holding up and with the summer volumes caveat, the US stock market is breaking out (barring a head fake & whipsaw) to…
Many internals indicators bounced with the markets yesterday. Among them were SPX & NDX new highs/lows, Junk bond to Investment Grade & Treasury ratios, TIP/IEF & TIP/TLT inflation expectations, Growth…
A general review of the current status across different asset markets. This is not comprehensive, forward-looking analysis as per NFTRH, but it is an up to the minute summary (as…
The title of the post is purposeful in that things are falling this morning. Stocks, yields, commodities and precious metals. And drops in stocks and commodities would be needed in…
US Stocks Pre-market indicates that stocks are poised to take back yesterday's losses and this is in keeping with our short-term theme that the market is not just going to…
Now that the supposed decision (there was no decision) by FOMC is behind us the market can get on with its course for the summer. Here is a chart based…
Gold & Silver Yesterday we noted the 2017 low of 1204 as the next important support level for gold. It has dropped to 1216 this morning. We noted that silver…
Consider this update something of a sketch book of possibilities by one market watcher sorting through his thoughts. Gold did not hold its December 2017 low of 1238. Next in…
You have better things to do than read droning macro analysis or long, drawn out investment theses. It is a weekend in the dead of summer and for that reason…
Stock Market: Top-Test Still in Progress There is little new in stocks since the weekend, other than the possibility that the market is beginning to relieve the pressure on 'pro-yield'…
Ha ha ha, I just like posting the featured image above. Despite a rough start, long accounts and short accounts are green this morning. But it is notable that the…
Let's have a review with stocks and precious metals down this morning, amid Trump/China trade war headlines and declining interest rates... Stock Market From the update a couple days ago…
It's one of those days and actually, one of those weeks. My long portfolios are very green today and this week and so too is my short portfolio. Of course,…