I was reading Bill McBride’s blog, Calculated Risk, recently and came across this post on heavy truck sales as a recession indicator. As Bill notes: Usually, heavy truck sales decline sharply prior to a recession. Sales were solid in January. It certainly looks like sales do indeed peak before recession. But how long before recession? […]
Back when I was a kid trading from the customers seating area at the Walston and Co. office in downtown Philly, on a day like yesterday, the old heads there would say that. I’m not sure that still holds today.
But these were guys who had been thro…
How much more expensive is the U.S. healthcare system compared to other developed countries? There are many ways of approaching that question, but when comparing per-capita healthcare spending in different OECD nations, the answer is a lot more. As our…
For the week ended February 3, there were 49 charts with multiple buy signals as of Thursday or Friday, and only 10 with multiple sells.…
Busy morning this morning, so here’s just the chart of the hourly ES, S&P fugutures. It’s getting close to a bottom.
For moron the markets, see:
Swing Trade Screen Picks – Here are Two on the Buy Side that Stick Out February 6, …
The market took a breather on Friday, but it did no significant technical damage. The rally still has the potential for a big more upside,…
Gold’s pullback last week ripped a gash in the ship’s hull as it sailed the icy waters of the North Atlantic. Subscribers, click here to…
Once unmoored, inflation tends toward a cycle of unpredictability and destabilizing volatility that can extend for years and even decades
I started this update before the jobs report, was interrupted, and came back to this Yooge upside surprise. I apologize for this reading being disjointed.…
Thanks to owners with deep pockets and ever-growing broadcasting revenues, the Premier League set yet another transfer spending record this winter. At a time when most non-English clubs were forced to take a more frugal approach in the wake of the Covi…