Is it Too Late to Short the Yen?
Not in my mind. My earlier post today on the Nikkei/Yen showed that their current respective 26 week RoC is as positive/negative (most upper-left) as it’s ever been. As I pointed out, the only time in history where the scatter-plot…...
Post Bubble Analog Update
Nat Gas appears to be officially breaking out on both a daily and weekly basis in the chart below. At the same time, Nat Gas appears very cheap at this juncture from its “bubble” peak in 2005 when it topped…...
Something Major is Afoot in Japan
Scatter of 26 week RoC in NKK vs. Yen. Last two weeks red – most upper left print in data set. Other prints in this area of the quadrant were Oct-Dec 95 as NKK was printing 10300-10400 – had ~6-8…...
Perspective on the Nikkei’s Amazing Run
If the Nikkei finishes up on the week it will have posted gains in 18 of the past 20 weeks, or 90% of the time. Dating back to the 1800s, that’s never happened on the Dow. It happened on the…
Spread Trade Idea In Commodities
The ratio of Nat Gas vs. Silver is presented below. It fell 97% into 2012 from its high in 2006. As it did so it formed an ever-tightening, bullish descending wedge pattern b/t lines (1) and (2). In late 2012…...