Having repeated essentially the same analysis and forecast for seemingly the past 10 days, I won’t bore subscribers with more of the same tonight, especially…
Housing data in the past couple of months has been mixed. Lagging closed sales data shows prices declining. The problem with that is that the…
While the media was trumpeting a miss on retail sales, the truth, as usual, was somewhat different than the media message. The major media outlets…
OK, so the market doesn’t like the claims number, which missed anal cyst’s estimates by a wide margin. Let’s look at the facts.
Not seasonally adjusted, in other words, actual, claims rose by 102,000. Continuing claims wk ended 12/31 up by 361,000. Ho…
Long term indicators strengthened as the market broke through a key resistance level on Tuesday, headed for an even bigger test at 1300. This report…
Gold is sitting on the launch pad and main engines are firing up. Here are today’s gold stock screens and data, along with cycle conditions…
Liquidity indications have remained neutral over the two weeks since I last updated this report. Panic outflows from Europe boosting theUSsystem seem to have taken…
SPX (cash) closed Friday on a weak note with 2, 5 and 8 day cycle oscillators all turning down, but with 2 and 5 day…
This is a composite of the ISM Manufacturing and Non Manufacturing New Orders indexes (not the ISM Composite). I have backed out the seasonal adjustment hocus pocus and weighted the index according to the relative weighting of manufacturing and service…
Google searches for “mortgage applications” plunged to a 5 year low in December.
View full report in Google Insights for Search
According to researchers at the NY Fed, ” Recent academic research finds that Internet search data can forecast the c…
