Goldilocks Rally Intact [w/ edit]
The Goldilocks Rally, led by Tech/Growth stocks, motors on [edit] No sooner was this posted than Q1 GDP was revised upward from 1.2% to 2%. It's stuff like that that…
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June 29, 2023
NFTRH+; good cop, bad cop updated
Good cop (QQQ/SPY ratio) is holding the bull flag and turning up. I assume the happy stuff out of Microsoft is boosting spirits. Reference the original Good/Bad cop update. In…
April 27, 2023
Did you hear that Tech is the new haven?
A new promo is out, as if on cue: "Tech is the new haven" Here is a clip from the Barrons article by way of my TradingView chart interface, where…
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April 6, 2023
As the inflation trades drop, gold out-performs and gold miners will benefit
The inflation trades are fading and gold is ascending to its rightful place in the disinflationary macro The favored NFTRH plan is working out well as we planned the Q4…
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March 17, 2023
Macro transition; Goldilocks now, deflation later
The NFTRH view has been for a macro transition from inflation (past) to 'Goldilocks' (present) to deflation (later) Since projecting the Q4-Q1 broad market rally back in November, we have…
March 14, 2023
US stock market leadership still positive
US stock market leadership using SMH > QQQ > SPY This is a chain I have generally liked to see intact over the years if I am going to be…
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February 28, 2023
Goldilocks, this picture shows three bears in the room and scared little girl running away from them, vintage line drawing or engraving illustration
Goldilocks
A whiff of Goldilocks, on cue... As inflation fades but the economy remains intact. Amid the Q4-Q1 broad rally projection and specifically due to our view of fading inflation signals…
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February 2, 2023
NFTRH+; Growth/Value & Tech/Broad
After adding GOOGL this morning to go along with other items I consider somewhat negatively correlated to long-term yields (DVAX, TWST, ZM, META w/ MSFT on priority watch) and thus,…
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July 20, 2022
Rotation to Growth & Tech as illustrated by ROKU (w/ NFTRH 660 excerpt)
Market has been rotating back to growth from value and reflation-sensitive areas It was all about long-term interest rates and the beginnings of the at least temporary failure of the…
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June 22, 2021
QQQ Setup Much Like February
Check it out. Big Tech is in a similar posture to the pre-crash breakdown and retest of the broken EMA 20 and SMA 50. RSI and MACD are in negative…
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September 25, 2020
A Sentiment Event for the Ages; NDX Edition
The men, women and machines that are driving this hysteria now were sitting in the corner sucking their thumbs in March. They were swearing off investing and a lot of…
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September 2, 2020
The Truth About Growth vs. Value
Far be it from me to be a momentum hopped trend follower, but the charts are the charts. This article at MarketWatch that wants to be contrarian tells about how…
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July 22, 2020
Value is in the eyes of the beholder
Why have Value stocks delivered frustration while over-valued Tech and Growth deliver the big gains? Well, this... And this... Call it a bubble or call it the future now. My…
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July 8, 2020
NDX: “Doom? What Doom?”
As we have noted since long before the COVID-19 crisis, Tech has been a firm leader. So too have general growth stocks been consistently leading so called* value stocks. Here…
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May 6, 2020