HUI - Gold bugs suffering..

NYSE advance decline line 

& volume advance decline line

& NASDQ advance decline line

Euro Dollar Rates

• This was probably the lowest risk trade "ever" – anyone take advantage?

Quick Overview is up to date.

• You may want to note - new lows for the move:

DBC Commodity Index

Gold

S&P (almost)

Lumber

Crude

Yield spread

Bonds

Euro dollars

Dow Industrials

Dow Transports

 

• You may want to note - new highs for the move:

Dollar Index

Notes today:

• The Capesize Index, tracking iron ore and coal shipping, doesn’t look to bad.

 

Recession Signal

.. levels not seen since 2000

 Quick Overview is up to date

 

Mapping America’s Underwater Real Estate .. is a virtually unprecedented disclosure of how much damage climate change can be expected to inflict at the level of individual homes.

 

Quick Overview is up to date

Notes today:

• According to statistics, the US now does 38% of the world’s Bitcoin mining, compared with 3.5% in 2020 -  using more energy than many countries, including Argentina and Australia, according to the report.

• What really surprises us,” Lieutenant General Yevhen Moisiuk, the deputy commander in chief of the Ukrainian armed forces, told me in Kyiv yesterday morning, “is that the Russian troops are not fighting back.” 

Yoni Appelbaum  @YAppelbaum

• Three days after NARA asked Trump for documents, he flew boxes of documents from Florida to New Jersey.

• Recent Capesize

• Quite interesting article: Why is China so Obsessed With Food Security?

Latest Dow Trend Earnings (aka Fed Model)

Small change in Dow Theory Prediction:

Returning to bullish view if

DJIA closes above 34116 "and"

DJTA closes above 15248

 

Quick Overview is up to date

Notes Today:

• Russia halts gas supplies to Europe until western sanctions lifted. 

• New York’s waters are being reborn

   From whale to oyster to human, animals are coming back

• Recent Panamax:

• Falling US life expectancy:

• Coal new high:

• Pro Farmer estimated the U.S. corn yield at 168.1 bushels per acre on Friday, well below the USDA's forecast of 175.4. 

 US Civilian Unemployment Rate