But First, A Number Before I get into the withholding tax data for May, the Treasury just posted the following on the heels of the…
CUSIP: 912797FM4Term and Type: 1-Day BillCMB: YesHigh Rate: 5.060%Investment Rate: 5.145%Price: $99.985944Allotted at High: 82.74%Total Tendered: $61,586,015,000Total Accepted: $15,000,215,000Auction Date: 06/02/2023Issue Date: 06/05/2023Maturity Date:…
CUSIP: 912796XQ7Term and Type: 38-Day BillCMB: YesOffering Amount: 50 BillionAnnouncement Date: 06/02/2023Auction Date: 06/02/2023Issue Date: 06/05/2023Maturity Date: 07/13/2023PDF | XML
Swing trade stock screens produced 102 charts with multiple buy signals as of the last two trading days of the past week. There were 116…
U6 Unemployment Rate in the United States increased to 6.70 percent in May from 6.60 percent in April of 2023. U6 Unemployment Rate in the United States averaged 10.24 percent from 1994 until 2023, reaching an all time high of 22.90 percent in April of…
Well, it’s all semantics of course. Traders can find opportunities to trade in any environment. What you call it does not matter one iota.
The only exception is tight trading ranges. They are meat grinders and the object there is too maintain cap…
CUSIP: 912797FM4Term and Type: 1-Day BillCMB: YesOffering Amount: 15 BillionAnnouncement Date: 06/01/2023Auction Date: 06/02/2023Issue Date: 06/05/2023Maturity Date: 06/06/2023PDF | XML
CUSIP: 912797MF1Term and Type: 3-Day BillCMB: YesHigh Rate: 6.150%Investment Rate: 6.256%Price: $99.948750Allotted at High: 14.29%Total Tendered: $59,523,595,000Total Accepted: $25,000,060,000Auction Date: 06/01/2023Issue Date: 06/02/2023Maturity Date:…
Yesterday, half tongue in cheek, I headlined our thread, Sell the News. But I noted that we didn’t know what the news would be. But still…
Now we know.
And so, the debt ceiling deal is done. Which truthfully, I did not expect. Bu…
Regional Surveys from Philly, NY, Texas and Chicago are all at levels previously indicative of a recession. The lone false signal was the Texas General Business Activity Index in January 2016…the weakness was regionally isolated as the price of oil went from over $100/bbl in 2014 to around $30/bbl by early 2016. No region has […]
