I came across an interesting graph of Housing Industry Employment in a Center for Economic and Policy Research (CEPR) PDF entitled Is the Housing Bubble…
The US stock market is now more extended versus the primary sources of macroliquidity than it has been at any time since 2002. Market risk…
Was it just last month that Greenspan and David Lereah at the National Association of Realtors were declaring a bottom in housing? That myth was…
I saw an interesting chart on another blog today about the Dow and its CONponents. I covered this before (on the Capitalstool.com message boards), but the divergence is really one for the books. Not that it matters, of course. Purely an academic exercise.
Friday’s action kept the market pinned to the top of a minor trend channel, but data from cycle based stock screens indicated underlying weakening. Centered…
by Lee Wheeler
Another scamweek is in the books. For the record, the Spooz were green all five days last week for a +20 point gain.
Since August, the SPX has been green on 18 of the 20 days during scamweeks for a net gain of 75 points. In the 14 weeks since the Aug low of […]
The Fed did a minor drain of $750 million on Friday, issuing $2.25 billion in weekend repos, against $3 billion in expirations. Last night’s Fed…
The charts show the status of 18 large cap bellwether stocks. The charts include 13-week cycle centered moving average projections (or 6-7 week if the…
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…
Reuters is reporting California auto sales seen slowing through 2007. Auto sales in California, the largest U.S. market for cars and trucks, will slow for…