Heading into Friday’s Non-Farm Payrolls (NFP) report for September, economists are expecting an increase in payrolls of 184K, which would be a modest decline from August’s stronger than expected reading of 201K. In the private sector, economists are expecting an
October 4, 2018
There is a perfect Short Trade Setup in Dow Jones Index. Price took resistance near the previous high. Negative Diversion between price and RSI (14) is also clearly visible. We have seen good sell off in today’s session. We can
I get asked all the time where to look to take advantage of the growing opportunities outside of the purview of the passive mania. Well, I can’t find a more obvious sector than the precious metals miners. It looks to me like they
Every effort at a bounce today is failing and Nasdaq is leading the decline, breaking below its 50DMA… This is the deepest below its 50DMA the Nasdaq has been since May. FANGs are the worst performers… (biggest drop in FANGs
This Great Graphic comes from Peter Coy and team’s article in Business Week. It succinctly shows three metrics for the internationalization of domestic currencies: global payments, international bonds, and foreign exchange reserves. It does not strike me as surprising, and the role of the
Economic indicators point to a worsening slowdown in the Eurozone As growth slows, cracks are beginning to appear, starting with Italian financial markets After engineering a massive trade surplus, Eurozone now reliant on its trading partners In our last commentary
Treasury yields are once again surging buoyed by rounds of upbeat economic data and hawkish comments from Federal Reserve policymakers. Notably, the 10-year Treasury yields hit its highest level since July 2011 at 3.162% while the 30-year yield touched 3.318%
The S&P 500 is currently trading down just over 1%, and if these declines hold through the closing bell, it would be the first decline of 1% or more for the index since late June. At 70 trading days, the
Note: We’ve updated the charts below based on monthly data through September. Here’s an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in
US Census says manufacturing new orders improved. Our analysis shows the rolling averages margnally improved. Analyst Opinion of Census Manufacturing Sales According to the seasonally adjusted data, it was civilian aircraft which was the major contributor to the improvement. The
