MarketWatch is reporting Fed’s big worry gets revised away. A huge spike in wages and salaries in the second quarter proved to be an illusion,…
The Fed twiddled its thumbs again on Wednesday with a nominal net drain of $500 million. They added $7 billion in two day repos, against…
Lee Adler talks to Mish and Steve Northwood about the latest data on the housing market. Listen here now.
Pharmas have an interesting setup here. Everyone “knows” that the Dems are supposedly bad for the pharmas. So they sold off 6% since the erection. But they were due to sell off anyway, since PPH (pharma hldrs) tagged long term resistance at 79.16 right before the erection.
PPH J-Lo’ed for the past couple of years before […]
Lee Adler talks with Mike Shedlock, Steve Northwood, and Lee Wheeler about the significance of Monday’s mini meltdown. Listen here now.
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
The market rebounded from key support levels on Tuesday, leaving us in limbo as to whether the trend has peaked or not. Longer term indicators…
The Fed again stood its ground on Tuesday doing a minimal net add of $250 million. They added $7.5 billion in overnight repos, against $7.25…
Many of you have been asking for an update on the Florida housing scene from Mike Morgan at Morgan Florida. Although we chat several times…
Over the weekend I received some taunts about how “great” Black Friday was. Bloomberg reported U.S. Shoppers Spend 19% More on Thanksgiving Weekend. Nov. 26…
