Actual, not seasonally adjusted, initial unemployment claims totaled 319,349 last week, according to the Department of Labor tabulation of weekly data submitted to it by…
Durable goods orders rose 8.7% In February versus January on a nominal, not seasonally adjusted basis. The mainstream media reported only the 2.2% seasonally massaged…
Contracts for the sale of existing homes rose 15.1% month to month in February, according to data reported today by the real estate brokers lobbying…
While the media was touting a miss on consensus expectations, and Bloomberg posted an outright lie on Twitter, the actual unadjusted data did show a big improvement over the year ago performance.
The market advance appears to have entered a terminal phase, but that could last for 3-6 weeks. Some “ragged edges” are likely to develop over…
The cash generated by the ECB’s second big LTRO operation hit the US banking system last week. At the same time the Fed is still…
Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks…
Negative divergences have begun to develop in some momentum indicators, suggesting that the uptrend is losing steam, but we’ve seen this before in the course…
Treasury supply was in line with the TBAC forecast in the week just completed, but there are signs in weak tax withholding that suggest possible…
The market paused on Wednesday. Was it the pause that refreshes, or rigor mortis setting in? Cycle projections rose, and there were no significant changes…
