The US government finally got together on a new $550b spending (more cost-push inflation) plan. It includes spending of money the government never had until the Fed printed it and…
An update of the 2 riders opposing a would-be renewed inflationary reflation trade. To review, the Gold/Silver ratio is an indicator of failing market liquidity when it rises and the…
The way it is shaking out as I see it, it's the 30yr yield Continuum's right side shoulder (which, if it manifests and turns upward would be consistent with new…
Our operating plan is for the summer cool down (mini or maxi) to be driven by the anti-market (USD) and its fellow rider, the Gold/Silver ratio ("metallic credit spread" indicating…
Today I added another EUO position, which is in essence my strong dollar position [edit: also added strong dollar fund UUP in after-hours]. The reason being that USD (DXY) is…
It's as simple as that which was 'anti' when the inflation/reflation party was ripping is still 'anti' when the party is over (at least temporarily). When markets liquidate - to…
US dollar index (DXY) held the SMA 200 and broke upward from a small bull flag Thus far, daily USD is on the plan that sees it exceeding the current…
Well, here it is. EUR/USD is pretty gross A drop below the SMA 200 and lateral support, now turning to resistance as a bear flag curls down from it. Not…
USD (DXY) is pulling back after last week's FOMC event and is right at the 1st level of support at the SMA 200. If I was right in the June…
The spring/summer inflation cool down always was going to bring a bounce in the US dollar, AKA the global anti-market or counter-party to the big inflation/reflation trades that everybody came…
The world's counter-party gets a massive short covering rally No more words needed... For "best of breed" top down analysis of all major markets, subscribe to NFTRH Premium, which includes…
USD drops as a tepid May Payrolls report eases inflation fears further May payrolls expanded, but not as much as anticipated. Click graphic, get report from BLS. Here's the graphical…
US dollar is still alive and clinging to this week's lows So it was another nutty market week with the usual downs and ups. Today many markets have reversed down…
Global market stress this morning I was going to talk about the ongoing VIX divergence and loss of momentum in SPX, regardless of how the market looked this morning. That…