I hope you like the new site. It may take a bit of getting used to , but I love it. At the height of the mini hysteria, I shorted…
The Fed rolled over again, which was not surprising given global economic slowing, global monetary easing and a would-be firm US dollar's continued negative impact on US exporters and manufacturing. …
While the stock market does its wax on, wax off, wax on routine, two anxiety indicators continue to flag in consolidation. They are consistent, orderly and as long as they are flagging the market is probably okay. But these are still bullish looking consolidations.
Just trying to give you data points that I think are relevant as they crop up…
In NFTRH 359 we put a lot of effort into looking ahead to a time when the Gold-Silver ratio (GSR) may find heavy overhead resistance. That time could be a signal on the next inflation trade as the more inflation-sensitive silver out performs gold.
Just a short FYI update. VIX, touched the top end of the 20 to 22 pullback target zone. This was accompanied by a bounce in the S&P 500 to 1988 and subsequent fade (+.23% at 1973.88 at time of writing).
We were roughly looking for SPX 2040 and VIX 20-22 as a potential bearish setup. VIX hit 21.51 earlier today.
VIX is approaching the target of 22 per NFTRH 357. As noted in that report I have been chomping at the bit to show you this chart by an update,…
Reference a public post about momentum leader, the Biotechs, looking to go lower.
Fellow momentum leader SOX is potentially double topping…
Is it me or is the 3X Gold Miner short fund DUST beginning to look a lot like the VIX did a couple weeks ago? I actually shorted the VIX…