I have to hit the road today for most of the day. But a little note here as USD is firm and gold is getting dropped because, well, GDP was…
The rally from the lows of a year ago was an impulsive move up and then a labored series of higher highs and an as yet unconfirmed higher low (black…
The Fed did nothing that was not expected, yet the US dollar regained its vigor as if market players actually had doubts about whether or not the Fed would remain…
When I see funny things from chartists in the greater media, I'll make fun of them here. But I will do so as a man who stares at charts and…
In NFTRH 516 we talked about yields, the yield curve, silver, silver vs. gold and the possibility of an inflationary situation cropping up. Please review pages 10-13 in NFTRH 516,…
Yesterday we concluded... Bottom Line Market Internals are holding up and with the summer volumes caveat, the US stock market is breaking out (barring a head fake & whipsaw) to…
The title of the post is purposeful in that things are falling this morning. Stocks, yields, commodities and precious metals. And drops in stocks and commodities would be needed in…
US Stocks Pre-market indicates that stocks are poised to take back yesterday's losses and this is in keeping with our short-term theme that the market is not just going to…
The trend continues against the inflationists, but there has been the bullish divergence by Baltic Dry Index (per this NFTRH chart), and the inflation trade has been very oversold, after…
Consider this update something of a sketch book of possibilities by one market watcher sorting through his thoughts. Gold did not hold its December 2017 low of 1238. Next in…
Stock Market: Top-Test Still in Progress There is little new in stocks since the weekend, other than the possibility that the market is beginning to relieve the pressure on 'pro-yield'…
USD was in a very good contrary sentiment position into late January, as the global anti-USD inflation trades ripped higher and USD dropped. It then flattened out and formed a…
A combo macro update and stock idea... We have shown the positive correlation between Small Cap stocks and the USD, and in September 2017 reviewed a correlation between Retail (XRT)…
As I have belabored over the years, the same implications that can spur a rising US dollar can go hand in hand with a bullish case for gold mining. That…