Gary Tanashian | TalkMarkets | Page 92
NFTRH & Biiwii's Unique Market Perspectives
Gary Tanashian of nftrh.com and biiwii.com successfully owned and operated a progressive medical component manufacturing company for 21 years, keeping the company’s fundamentals in alignment with global economic realities ...more

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Automatic Stabilizer?
Janet Yellen comforts New York – and the Bulls.
US Stock Market
The June NASDAQ 100 closed higher for the third day in a row on Thursday as it consolidated some of the decline off March’s high.
Gold’s Cycle Is In Left Translation
On the “blood red moon," gold had an impressive downturn which changed the whole picture for gold prices over the next few months.
Big Pictures: Stocks, Gold And The Miners
US Treasury bond yield spreads, gold vs. commodities (i.e. the ‘real’ price of gold), gold vs. the stock market… these are some of the fundamental considerations that actually matter and they have taken a hit since January.
SOX Having An Issue @ The MA 50′s
Time for bulls to get out their Gox Box Sox because the Semiconductor index is negatively diverging and having an issue at the 50 day moving averages.
2 Out Of 2 Charts Agree; Nasdaq 100 Target Is 3600 +/-
So 2 out of 2 charts agree, the NDX targets 3600 on this bounce. And it is just a bounce folks, until it proves otherwise. For the heck of it, let’s throw in a 3rd chart.
One Little PIIGY
One of the PIIGS is breaking down today. PIIGY #1 (Italy) is breaking a wedge today by daily chart. It is just a wedge break and need not drop too far (often about 1/3 to 1/2 of the wedge will do). The 50 day averages should decide on that.
SPX, Resistance Tested
I’ll not say more because I don’t know the future. But I will say that the S&P 500 has now completed the minimum expected bounce with a touch of distinct resistance.
3D Systems And Me
Triple D tested my patience today but since its test of support has not failed I held on for a wild ride. 3D Systems and me; an over hyped company in an over hyped industry and a hype-o-phobe holding it as the punch drunk bulls continue to bail.
Yield Spreads Today
Yield spreads are flattening today, with both the 10 and the 2 up but the 2 up more. Today’s implication (again, let’s not take any single day outside of its bounds) is a lurch to risk ‘ON’ as money comes out of short-term T bonds faster than long term T bonds.
Central Fund Of Canada NAV -6.4%
CEF’s net asset value does not imply that the bugz are over bullish. Quite the contrary. It is selling at a decent discount to net assets and could be viewed as a long term value for those who don’t think that precious metals have gone the way of the Dodo Bird.
US Stock Market; Bounce Upcoming?
The US stock market is negative pre-open, but don’t be surprised if we get a strong bounce soon. It could be a trade-able bounce. I have bought a couple items in anticipation and am watching several more.
Bear Funds Are Not Over Bought
The actively managed HDGE is not over bought and just now making a breakout. That is a scary thought for stock market bulls. It’s not just HDGE either.
3D Systems; Long… Yeh, Long
I have beat this thing to a pulp from a fundamental [valuation] view and that view has not changed one bit. From a technical view I am going to take a shot long on this over hyped piece crap (printing candy, ha ha ha). Risk is controlled at the noted support zone.
Stock Market; A Scenario
In 2001 my financial adviser advised that the people running my IRA would never allow the type of losses that I myself would suffer by trading. Ehhhhhh… wrong! -50% in a heartbeat.
SPX Losing Support
Well, say goodbye to daily support for the S&P 500; at least in-day. This is obviously not good because it is coming after a failed stock market bounce on some Fed minutes b/s.
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