Bad News for Silver, Courtesy of Seeking Alpha [w/ edit]
Short-term headwind against silver courtesy of SeekingAlpha Note that this article was written before silver recently slid back below its daily SMA 50. See Silver is Back Did it ever…
Short-term headwind against silver courtesy of SeekingAlpha Note that this article was written before silver recently slid back below its daily SMA 50. See Silver is Back Did it ever…
Don't obsess on the US dollar dear bugs. That is easy analysis that leads to poor outcomes at key junctures. In this case it would theoretically mean that an anti-USD,…
MarketWatch used to pick up my posts on rare occasion but has not done so for a long time. Maybe they think I make fun of some of their articles…
We have shown how the US stock market and the inverse of the US currency are not so strange bedfellows. But there is one former bedfellow who is now strange…
Bearing in mind the extreme correlation to this point between inverse USD and SPX... ...it is probably a good idea to keep an eye on Uncle Buck, who is holding…
As you may know I took on the EUO Euro short again yesterday in order to hedge a potential US dollar bounce. A new leg up in USD would impair…
Gold, silver and the miners are and have been in consolidation/correction. US stocks are and have been bullish but at high risk. Here's the current technical situation using daily charts.…
I want to share some historical work done by Sentimentrader about the current setup in Treasury bonds. A caveat is that I think ST is a little convoluted in their…
Per the NFTRH Trade Log last Thursday: "I just took all profits on what were by far my largest positions, Euro short EUO." Why? Because the profits were there. Why?…
"Slowly I toined, step by step, inch by inch..." The Gold/Silver ratio finally turned, and then it burst upward to the underside of an important macro decision point. With the…
Well, a little patience goes a long way. I declared my wrongness for all to see because I like to do that. It reassures me that people will not view…
Tramped out by Trump/Kudlow/Manooch and of course the worst long-term offenders, the Federal Reserve, Uncle Buck has a right to be irritable if not outright enraged. The cheap parlor trick…
The Doctor called and he has good news for reflation-minded casino patrons. The important $3/lb. level has been taken out (daily chart) by this asset that is emblematic of a…
Well, at least my Euro short (EUO) did well today. It will basically follow the chart of DXY below. I have been adding to the EUO position as a hedge…