Apparently seeing revenues falling well short of forecasts, the US Treasury today announced a surprise $20 billion Cash Management Bill (CMB). This bill was not…
The market continues its slow drift higher toward a 13 week cycle projection of 1390 and 6 month and 10-12 month cycle projections of 1450…
The slow motion meltup goes on. The market averages are on the brink of pushing through a major resistance level. That could lead to much…
I mentioned in my last free report that the bulge in withholding tax collections which may have been a tipoff to the better than expected…
There’s a reason why old Street hands are so fond of the idea that “the trend is your friend.” Many indicators are mixed or in…
Liquidity indicators were mixed last week, but overall they remain firm, with trend indications split between bullish and neutral.
Baltic dry index fell 10.9% last week and has reaching all-time low; Capesize Index was down 2.0%; Panamax Index fell 15.0%; Supramax Index was down 12.5%; Handysize Index fell 10.3%.
The Labor Force Participation Rate (LFPR) is a key economic statistic today. Changes in the LFPR are shaping the direction of the capital markets, federal economic policy, monetary policy and, most importantly, politics.
The LFPR hit a new record low …
The market blasted through minor resistance on Friday, and now faces a test with a band of major resistance at 1350-1360s. The market remains in…
Editor’s Note: The earlier version of this article included unadjusted numbers derived from a spreadsheet error. The error resulted in the not seasonally adjusted month…
