Just moving along in ‘swing’ mode, doing what the markets tell us to do and not trying to force anything. Simple, but it works.
332 is a good one. They all have been lately in my opinion. I know that because each week doing the work in these reports (and in-week updates) helps orient me and keep me cross-referenced and double checked in my own assumptions.
Frankly, I feel as though I am seeing the markets well this year. It’s sort of like conducting an orchestra and having all pieces playing to perfection. While patience is a key word, markets are moving along and making wonderful sense. To boot, even individual stock charts are working well and more often than not doing what I want them to do. Go figure.
The market manager side of me (as opposed to the idealist human side) is in control and pleased with how things are going. This manager does not care what the market does as long as we are on the right side of it. The idealist may need to find a hobby for a while.
NFTRH 332 carries the narrative up to today. It’s out now and you should check it out with an affordable subscription. I realize that everything on the internet is supposed to be free, but you know you ultimately get what you don’t pay for. We’re talking less than 4 Fidelity trade commissions a month for a weekly report and multiple updates.
One winning trade or avoided loss can pay for 5 or 10 yearly subscriptions (depending on trade size of course). When it comes time to manage the next macro turn? That could be a life changer. That’s what 2008 was after all. NFTRH will be there.
Long winded promo, every word of which I believe in and stand behind, ends now.
This week NFTRH moves further from the lunatic fringe and into conventional market analysis with lots of talk about relative global stock valuations, using P/E ratios and currency movements as the talking points.
We also break down the latest Semiconductor Book-to-Bill and illustrate why the precious metals are still not ready.
Also, there is a sentiment issue cropping up in US stock markets, even as indexes made big bullish signals. A wonderfully complex and interesting market backdrop folks. Make sure you’re on top of it.
Also, for reference here is the larger version of a graphic included in #331. Due to formatting it was not overly clear in the report. Click image for full size.
330 does some opinion making on gold sector perceptions and then buttons down to some interesting market analysis covering the usual suspects; US and global stock markets, commodities, precious metals, currencies, indicators and sentiment. Good stuff.
Posting here and at NFTRH.com will be light in the first half of the week as it is school vacation and the kids are going to get some daddy time, whether they like it or not!
On a weekend where I took my daughter to Boston for two nights of voice coaching/recording, needed to watch the Patriots game (on DVR) and a late Rangers game, on a taxing California road trip (it may have been taxing for them too ), I somehow managed to get 35 quality pages done with NFTRH’s 325th edition.
I am happy with the report for the reason I often am when I think I’ve done a good job; I feel I am personally a better investor today than I was on Friday afternoon.
NFTRH 323 ends the year in the same fashion as we began, calmly portraying what is in play within the market’s swings, laying out probabilities and honestly interpreting what the bigger trends are, without bias or emotion. NFTRH 323, out now!
Check out a subscription to start the new year. It promises to be rewarding.
A good report that departs from some of the nuts and bolts (so much so that I forgot to include the usual currency segment, which we have frankly had nailed since the commodity currencies broke down a year ago and the great USD rally was just a twinkle in Uncle Buck’s eye ), managing what was an expected early December drop in markets with an eye out toward Tax Loss, Santa and January Effect seasonals.
But to me the most important aspects of #321 are its clear views about why nothing about this macro environment is healthy, how the market is vulnerable and how 6 years later we are simply closing out a massively significant market event, with the majority at the opposite end of the emotional spectrum to Q4, 2008.
On that note, at the prodding of a subscriber, I’ve excerpted a segment from NFTRH 7 (Nov. 8, 2008) on Deflation and Inflation. To me it shows how little things have changed in the ensuing 6 years. Amazing, really. I’ll probably post it here later, to go with Friday’s post about a potential ‘inflation trade’ bounce, possibly in early 2015.