This chart is now in the Economic Chart Gallery and will be updated regularly. [singlepic id=62 w=480 h=360 ]Click to view full size. While the…
The market broke major support on Friday and is now hanging by a thread, the thread being the possibility that the break was just a…
Consumer Sentiment at More Than 4-Year High blared the headlines. Here’s what you really need to know about that.
There’s been lots of conomic data over the past couple of days. I covered the NAHB builder survey yesterday. Regardless of the fact that the…
Durable goods orders rose 8.7% In February versus January on a nominal, not seasonally adjusted basis. The mainstream media reported only the 2.2% seasonally massaged…
[NOTE: The Weekend SPX Update is posted immediately below]
[My long-term dollar count/charts can be found in this article (which also nailed the bottom last month)]
This is a quick dollar update, since so many markets are tied to the dolla…
09/02/2011
Bear Market Rules Apply
by Carl Swenlin
It is a concept that we stress on a periodic basis, and we got another illustration this week. Technical indicators must be interpreted within the context of the overall market trend.
(This is an ex…
“Durable Goods Orders Rise 4%,” blared the headlines this morning. There was just one minor problem with that. It was not true. It represented the…
Catchy headline…
The NYT On Foreclosure: Can We Talk About Sex?
Actually, I meant to say “housing bubble,” but in top policy circles it might be easier to get a discussion going on sex. The NYT’s lead editorial defends the Obama administration’s …
The awful performances of the longer term Treasury auctions contained within them a sign that foreign central banks are beginning to reverse a normal intermediate…
