Despite a ceaseless propaganda campaign declaring all is well with the U.S. economy, the Status Quo is fragile–and voters know it. Not only do they know the economy–and their financial security–is one crisis away from meltdown, they’re also fed up with
December 8, 2015
Another day and weaker economic data. The consistency of poor economic reports is enough to turn investors away from markets overall. The NIFB Small Business Confidence report fell to 94.8 vs 96 expected & prior 96.1; Retailer’s Redbook fell YoY
It will rank as another distribution day for markets, but despite a second day of selling bears were unable to erase Friday’s big bullish bonanza for Large Cap and Tech indices. The only index to suggest bears are gaining some
The culprit for Netflix’s (NASDAQ:NFLX) recent fall was the company’s underwhelming domestic subscriber growth. Domestic and international subscribers were up Q/Q by 2.1% and 11.8%, respectively. The performance was consistent with that of Q2 2015 where domestic and international subscribers
As I noted over the weekend on ElliottWaveTrader.net, the bears are bearish, the bulls are bearish and the gold bugs have resigned themselves to “hoping.” Even most of the bulls I read strongly believe that we have to see
Making Sense: There is a rout going on in the commodities space. Some of this is based on fundamentals. Some of the rout is due to technical factors. Investors and advisors need to understand this before trying to become an
The BLS reported on Friday that the U.S. unemployment rate was down to 5% in October and November, its lowest level since 2008. The dramatic surge in unemployment during the Great Recession and its stubborn persistence in coming back down
The following charts show what happens when an increasing number of ships meets falling demand. Harper Petersen Shipping Rates by Vessel Size – Ten Years image: http://4.bp.blogspot.com/-NeQn5KKa5pw/VmdF03IIrFI/AAAAAAAAgfY/gdbzBSVawug/s400/Harper%2BPetersen%2B2015-12-08A.png Source: More charts below, but first let’s explain TEU. TEU stands for twenty-foot-equivalent
China’s Trade surplus did not live up to expectation and a result we saw weaker prices across all major Asian Indices. Shanghai and HSI were both down around 1.5% while the Nikkei lost only 1%. The Nikkei did attempt to
