Protected: NFTRH+; about the Gold-TIP divergence
There is no excerpt because this is a protected post. Continue reading Protected: NFTRH+; about the Gold-TIP divergence
Tag: tip
After Inflationist Bugs FOMO at the Mouth, GDX & Inflation Signals Go the Other Way
Daily looks in-market are not meant to be a science. It is longer trends that eventually reveal the logic of ongoing macro moves. But I do find it interesting that on a day when inflation expectations gauges were pressured GDX broke out of its bullish flag, and on a day when those gauges are jumping GDX is on a pullback. What do you think, Beuller? … Continue reading After Inflationist Bugs FOMO at the Mouth, GDX & Inflation Signals Go the Other Way
‘Inflation Expectations’ Update
First off, you can review all of the CPI’s details here, courtesy of Michael “the inflation guy” Ashton: Post-CPI Now back to the market indicators we have used to gauge this renewal of deflation fears since June 2, we find TLT in essence, at target. And TIP vs. TLT (inflation expectations gauge) making what could be a double bottom. I just don’t know where the … Continue reading ‘Inflation Expectations’ Update
NFTRH; TIP, TLT and Their Messages
We have reviewed TIP and TLT nominally by weekly charts as they were a previous NFTRH+ double highlight on Treasury bond funds, inflation protected (TIP) and nominal (TLT). Each continues to have a bullish slant by the weeklies.
NFTRH+; TLT Revisited, TIP Reviewed
With reference to Michael Ashton’s post at Biiwii… No Strategic Reason to Own Nominal Bonds Now Mike Ashton is also known as the “inflation guy” and for good reason, his knowledge of the CPI, inflation indexing and hedging is second to none in my opinion. That said, the NFTRH+ trade on TLT (a play on deflation, among other things), as with all NFTRH+ ideas, is … Continue reading NFTRH+; TLT Revisited, TIP Reviewed
NFTRH; Key ETF Update
A snapshot of the current technical status of several key markets (a lot of charts today because macro changes seem to be in effect)…
GLD broke down from the Sym-Tri (strike 1), lost the June low (strike 2) and now would try to find support at the December low, equiv. to gold 1180. Over sold, prone to bounce but technically bearish below 120 and 123.
NFTRH; Key ETF Update
A snapshot of the current technical status of key ETFs…
GLD filled gap, which now closes out the geopolitical hype and leaves gold on its own right at key support. Still not a constructive looking chart. A rise above the SMA 200 and then the 50 makes it constructive.
NFTRH; Key ETF Charts
Key ETF charts are a snapshot to current technicals, not comprehensive technical analysis.
GLD bumped above the lower end of resistance yesterday and is support for any continuing S/T rally activity. The big test is in the 123 to 125 area and the nose of the former Symmetrical Triangle.
NFTRH; Key ETF Charts
ETF daily charts are a snapshot of current technicals, not a comprehensive technical review.
GLD has lost support after spilling out of the Symmetrical Triangle. Last week it was at the 62% Fib retrace and this week that is in the rear view window. Still bearish.
NFTRH; Key ETF Charts
ETF updates are meant as a snapshot of the current technical situation, not a comprehensive technical review.
NFTRH; Key ETF Update
ETF updates are a snapshot of current daily technicals, not a comprehensive technical review.
Update, Key ETF Charts
Note: To keep unwanted clutter out of the in-boxes of those not interested in trade ideas NFTRH+ updates are no longer being emailed. They are posted at the site and accessible using the password for the current week. On Monday an NFTRH+ idea was presented for the NDX.