What an insane week it has been, and it’s not even over yet! And, as I suspect most of you know already, there’s yet another surprise that just rolled out (it’s Huawei again):

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What an insane week it has been, and it’s not even over yet! And, as I suspect most of you know already, there’s yet another surprise that just rolled out (it’s Huawei again):
These four technology and health-related stocks are looking strong technically.
Maxar Technologies Inc. (MAXR) jumped 84 cents, or 11.7%, to $8.01 on Wednesday on 3.8 million shares, or more than 1 1/2 times its average volume. The Canadian-American space company reported increased profits despite a decline in revenue. The move broke the stock above the month-long declining channel, positioning it right at lateral resistance. If it can get through $8.75, watch for a move next to $10-$10.50.
(more…)Have you heard the news? US Treasury bonds are sky rocketing as it turns out there is no inflation amid a global central bank NIRP-a-thon and race to the currency bottom. Going the other way, our 30yr Treasury yield Continuum is burrowing southward.
If you check out yesterday’s post you’ll see proof that the 2018 NFTRH view that people should tune out the bond experts instructing BOND BEAR MARKET!! was 100% on target.
(more…)My target has arrived, precisely at the number I suggested. Now is the moment of truth. Are we exhausted here, or does it get “Act 2” by pushing through the blue tint? A weakening at this point, particularly with that trendline, would be the preferred place to reverse.