Tag Archive for Uptick

Liquidity Stagnant as Fed Sits on Hands, US Market Health Dependent On European Bank Diarrhea

Liquidity indications were mixed last week, with the Fed still not doing much while foreign central banks were net sellers (see Treasury update). Commercial banks started dumping Treasuries again, but their non-Treasury/non-GSE trading accounts did uptick against a bearish trend. The big plus was again bank inflows which surged massively. Meanwhile the FOMC statement was…

Housing Picture No Darker

The article is an excerpt from the Wall Street Examiner Professional Edition Housing Update for subscribers. Scroll to the end for the subscriber link to the complete report. Housing data for this month suggests that the usual seasonal uptick in prices has ended. Data is mixed as to whether the seasonal decline that normally occurs…

Unemployment Claims Update

First time unemployment claims rose by 52,038 to 577,279 in the week ended January 1. The Wall Street captive media is, as usual fudging the reports by reporting that claims were at 409,000, based on the seasonal hocus pocus. They report an uptick of 18,000 instead of 52,000. Both Dow Jones and Bloomberg are emphasizing…