Jobs Watch: Investors Hold Their BetsWCVB-TVNEW YORK (CNNMoney) — US stock investors were on hold before Friday's open as they await the highly anticipated monthly jobs report. Dow Jones industrial average, and Nasdaq futures were slightly lower, …
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US STOCKS-Wall St drops as data increase uncertainty – Reuters
by Newswires • • 0 Comments
Moneycontrol.comUS STOCKS-Wall St drops as data increase uncertaintyReuters* US jobless claims post biggest weekly drop in a year * Services-sector growth slows more than forecast * Green Mountain sinks nearly 50 pct day after sales miss * Most retaile…
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Stocks Slip Amid Weak Economic Reports – Fox Business
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Kansas City StarStocks Slip Amid Weak Economic ReportsFox BusinessBy Adam Samson The markets fell on Wednesday as traders reacted to a smaller-than-expected private payroll gain and data showing the eurozone's manufacturing sector is worsening. As …
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Investors await economic data and earnings – CNN
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WTAE PittsburghInvestors await economic data and earningsCNNBy CNNMoney staff @CNNMoneyInvest May 2, 2012: 6:16 AM ET NEW YORK (CNNMoney) — US stock futures hovered around breakeven as investors await economic reports and a batch of earnings before th…
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Blue Chips Lead the Way As Major Indexes Close Higher – New York Times
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GayTodayBlue Chips Lead the Way As Major Indexes Close HigherNew York TimesThe Dow Jones industrial average closed at its highest level in more than four years on Tuesday after an index of the nation's manufacturing level expanded at a faster rate …
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
Peak Dow, Peak GDP and Peak Oil
by Charles Hugh Smith • • 0 Comments
Peak Oil and Peak Credit do not exist in a vacuum; they’re why we have Peak GDP, Peak Dow and Peak Income.
You don’t get Peak Oil and cheap abundance in everything else: you get Peak X, Y and Z, for example Peak Oil, Peak Dow and Peak GDP. Peaks …
Charles Hugh Smith
The Grand Failure of the Econometric Model
by Charles Hugh Smith • • 0 Comments
If the conventional econometric model based on metrics like forward price-earnings ratios and a declining unemployment rate is so accurate, then why did it fail so completely, totally and utterly in predicting the 2008 meltdown?
A certain flavor…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: Do-or-Die Week for the Big Picture Wave Counts
by Pretzel Logic • • 0 Comments
On Friday, the Dow Jones Industrial Average (INDU) came within 6 points of its 2011 high. If this high is broken, this would be an extremely significant event for the counts, since second waves cannot exceed the beginning of first …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, Euro, and Dollar Update: Are the Bulls for Real?
by Pretzel Logic • • 0 Comments
On the exceptionally light volume of Friday’s session, the SPX staged a breakout over its 200 dma and a major resistance line. The Dow Jones Industrial Average also knocked out my preferred count, which had held its ground since October. &nb…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and NDX Update: This Week Lower, But How Low?
by Pretzel Logic • • 0 Comments
The market continues to try to convince us that it’s strong, as it wallows around just below the 200 day moving average and a bevy of resistance lines. Deciphering the shortest term counts is quite challenging right now, due…
