Notes From the Rabbit Hole

FOMC

Gary — Wed, 30 Jul 2014 18:08:38 +0000

[edit] So anyway, all wise guy stuff aside, the Fed obviously means business in its effort to put policy-made stock bulls into another gear higher. This tells us two things (at least)… They do not want you to short stocks and This is not your normal recovery Please don’t tell me that there is anything […]

The post FOMC appeared first on Notes From the Rabbit Hole.

Uncle Buck Vulnerable to FOMC Rollover?

Gary — Wed, 30 Jul 2014 17:49:55 +0000

Well, Unc has been rallying hard lately. At least part of this must be in anticipation of some hawkish talk expected to emanate from Jawbones shortly. But what if they continue to glad hand the market? The over bought US dollar could be vulnerable to some extent.

The post Uncle Buck Vulnerable to FOMC Rollover? appeared first on Notes From the Rabbit Hole.

Is the Will to Speculate Dying?

Gary — Wed, 30 Jul 2014 15:13:51 +0000

This market is so interesting. I feel like just putting up chart after chart and letting you come to your own conclusions rather than always being so wordy about everything. Here, take in the message of one of the most speculative excesses bred by the Fed’s policy (lust for junk bonds, top panel) and junk’s […]

The post Is the Will to Speculate Dying? appeared first on Notes From the Rabbit Hole.

Yield Curve Today

Gary — Wed, 30 Jul 2014 14:28:53 +0000

The 10→5→2 year curve is what you’d expect; it is dropping with nominal yields rising on GDP surprise day. The implication is risk ‘ON’ and clear sailing as far as the eye can see. See that Janet? What could go wrong with a little rate hike chatter today? Have confidence in a job well done!

The post Yield Curve Today appeared first on Notes From the Rabbit Hole.

Ms. Yellen: GDP Says Hike!

Gary — Wed, 30 Jul 2014 14:00:46 +0000

Dear Janet, the Red Herring that was the Q1 GDP has now morphed into a 4% Q2 GDP. The economy is booming Janet and furthermore, the ladies laden with bags shopping at Macy’s pictured in the Bloomberg GDP article look like they mean business. Look at that consumption lust in their eyes! Get out in […]

The post Ms. Yellen: GDP Says Hike! appeared first on Notes From the Rabbit Hole.

Protected: NFTRH; Key ETF Charts

Gary — Wed, 30 Jul 2014 12:40:53 +0000

There is no excerpt because this is a protected post.

The post Protected: NFTRH; Key ETF Charts appeared first on Notes From the Rabbit Hole.

Devaluation: The Most Destructive Policy of All

Gary — Wed, 30 Jul 2014 12:04:24 +0000

Guest Post by Steve Saville “Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they […]

The post Devaluation: The Most Destructive Policy of All appeared first on Notes From the Rabbit Hole.

Death of the Dollar? Gold an Inflation Hedge? Really?

Gary — Tue, 29 Jul 2014 12:04:48 +0000

[ed: Excerpted from NFTRH 301's opening segment. Those looking for paint by numbers directions and casino game instructions (talking to readers at a certain site that may or may not re-publish this article) feel free to just skip the article. You will not get what you are looking for. The balance of NFTRH 301 did […]

The post Death of the Dollar? Gold an Inflation Hedge? Really? appeared first on Notes From the Rabbit Hole.

Uranium; Hype or ?

Gary — Mon, 28 Jul 2014 18:14:33 +0000

Last week we did an NFTRH+ on Uranium in general, with a focus on the Global X fund URA. I personally decided to take a try with its largest holding, Cameco today on the drop to the SMA 200. The next clear level is at just above 20. Of interest is Uranium holder Uranium Participation, […]

The post Uranium; Hype or ? appeared first on Notes From the Rabbit Hole.

What’s the Canary Doing?

Gary — Mon, 28 Jul 2014 15:53:29 +0000

Last week the Canary in the coal mine had a hiccup. Further, the Canary’s Canary, the Semi equipment stocks took a hard hit. The equipment stocks like AMAT, LRCX, KLAC, etc. were the ones whose ramp up we used to gauge coming economic (esp. manufacturing) strength [note: AMAT is making a Hammer candle at S/T […]

The post What’s the Canary Doing? appeared first on Notes From the Rabbit Hole.

Fed Balance Sheet & Gold

Gary — Mon, 28 Jul 2014 13:22:06 +0000

Gold led the massive Fed balance sheet expansion in 2008, rolled upward in concert with the more gently expanding balance sheet and then topped out and dove as the Fed balance sheet kept on… well, you know. So, despite the promotion of QE 3 gold (and silver) tanked into a bear market. The question is […]

The post Fed Balance Sheet & Gold appeared first on Notes From the Rabbit Hole.