Man stares at charts, announces 2022 US bear market on October 12

It’s not about using charts in a vacuum And it’s certainly not about using long-term charts and analogs in a vacuum. It’s about using charts as one tool among several others. I don’t mean to sound like a dick (but it happens) and surely I’ve written stuff over the years that warrants criticism (let’s for example conjure my 2010 ‘888 ‘3 snowmen’ TA target for … Continue reading Man stares at charts, announces 2022 US bear market on October 12

GaryOctober 12, 20223 Comments

NFTRH

NFTRH 711, out now

Back to the normal format after getting some important details and distinctions worked out in last week’s more talkative edition. NFTRH 711, out now. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by Credit Card or PayPal using a … Continue reading NFTRH 711, out now

GaryJune 26, 2022

NFTRH

NFTRH 705, out now

Just doing the work and moving forward. NFTRH 705, out now. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need … Continue reading NFTRH 705, out now

GaryMay 15, 2022May 15, 20221 Comment

Financial Markets

Global Multi-Market/Asset Daily Chart Review

First off, a wish to all readers for a happy Memorial Day weekend as we remember loved ones lost in battle and otherwise. Memorial is not a US thing, it’s an everybody thing. Today we take a look at various markets and assets using daily charts of the associated ETFs. The real work in determining the state of the markets going forward will be done … Continue reading Global Multi-Market/Asset Daily Chart Review

GaryMay 24, 2019

NFTRH

NFTRH 546 Out Now

Per the email accompanying the report to subscribers… There is a lot going on this week from a macro perspective. For me, the Fed’s dovish stance along with the 2yr yield and the USD are at the center of most things. Also, the Cannabis sector makes its return after I re-thought my dismissive attitude toward it as a regular [segment]. Usually these reports help me … Continue reading NFTRH 546 Out Now

GaryApril 7, 2019April 7, 2019

NFTRH Interim Updates

NFTRH Update; The Process Begins… US Stocks & Gold Sector (high priority)

Okay, so the stock market cracked. We will look at daily charts of SPX, INDU, NDX and SOX to update the status and see what might be directly ahead. Of more importance is that it is time to geek out on the macro and with that, note the backdrop for gold and the miners. Let’s get to an update on these two items. SPX weekly … Continue reading NFTRH Update; The Process Begins… US Stocks & Gold Sector (high priority)

GaryOctober 11, 2018December 2, 2018

Stock Market, Global

Updating Global vs. US Stocks

One of the charts from NFTRH’s Market Internals segment keeps track of several global markets in relation to the US SPX (SPY). While some of these are constructive nominally, the only actionable one vs. the S&P 500 is Europe, in a stair step up trend over the last year. I am long Euro-hedged Europe, but not gung ho about it yet. EM has been constructive … Continue reading Updating Global vs. US Stocks

GaryJune 16, 2017June 16, 2017

Stock Market, Global

Global Stocks vs. U.S. Stocks

As part of NFTRH’s Market Internals segment, we review the status of global markets vs. the S&P 500, just to see who’s shaping up nicely and who isn’t on a global scale. Here we see the ratio of Europe to the US to be a relative buy. That doesn’t mean run out and buy Europe right now (I think it may settle lower, nominally) but … Continue reading Global Stocks vs. U.S. Stocks

GaryMay 31, 2017

NFTRH

NFTRH 415 Out Now

US Stock Market: Trend is bullish, but other than the big display in the Semis last week and a bullish looking Tranny, most items remain below the key parameter we set that would signal the next up leg. Global Stock Markets: A mix of bullish and bearish. Some very interesting areas, however. Precious Metals: The correction continues, pending the potential for HUI to continue bouncing … Continue reading NFTRH 415 Out Now

GaryOctober 2, 2016October 2, 2016

NFTRH Interim Updates

Post-FOMC Market Update, Precious Metals, Stock Markets & Commodities

To little surprise FOMC rolled over again, uttering a few words about inflation being below target and riding off into the sunset until September 21. Now there is a vacuum, policy wise, in which the market can operate. I am sure that if/as the economy continues to firm or inflation signals start to manifest the usual jawbones will hit the microphone circuit, admonishing us that they stand guard, but the market seems to be marginalizing these policy making clowns where even just a year ago it was still entranced by them.

Continue reading “Post-FOMC Market Update, Precious Metals, Stock Markets & Commodities”

GaryJuly 28, 2016September 4, 2016

NFTRH Interim Updates

Detailed Multi Market Update

The Semiconductor Equipment book-to-bill ratio for June came out last night and it remains solid. While bookings eased a bit they remained elevated and billings were the highest since 2011. So the question of whether this earnings season should be solid for Semi Equipment companies is answered; it should be because the April-June quarter was significantly better than Q1.

Continue reading “Detailed Multi Market Update”

GaryJuly 22, 2016August 28, 2016

NFTRH

NFTRH 404 Out Now

This week we chop 20 pages off of what had been the norm with the word density per chart/graphic much higher than usual. A couple items needed to be discussed in detail. Very refreshing to write and for me at least, a very focused report that kept me straight with the markets. Continue reading NFTRH 404 Out Now

GaryJuly 17, 2016

NFTRH

NFTRH 403 Out Now

I’ll skip the promo in favor of maybe releasing #403’s slightly weird opening segment later on. It’s time to not only have your thinking caps on, but also your tin foil hats. They can be worn one on top of the other or alternately, depending on your mood. Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates and NFTRH+ chart and trade … Continue reading NFTRH 403 Out Now

GaryJuly 10, 2016July 10, 2016

NFTRH

NFTRH 398 Out Now

45 pages and not nearly as difficult to get through as that sounds. Things seem very clear to me about what is going on with the macro backdrop. The May US Payrolls report was a ding back in the direction of economic contraction. That is helpful for the gold sector’s fundamentals. But our big theme continues morph to inflationary growth, which would open up a … Continue reading NFTRH 398 Out Now

GaryJune 5, 2016June 5, 2016