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More Job Openings Than Unemployed Workers For Third Consecutive Month

More Job Openings Than Unemployed Workers For Third Consecutive Month

There was a surprising development back in June, when that month’s JOLTS report revealed a curious, if welcome for the US economy, inflection point: for the first time in reported BLS data, the number of US job openings surpassed the number of unemployed workers. Fast forward two months, when as the BLS reported last Friday, the number […]
Long-Term Trends In Employment By Age Group – Tuesday, August 7

Long-Term Trends In Employment By Age Group – Tuesday, August 7

The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Non-institutional Population (those 16 and over not in the military and or committed to an institution). The result is the participation rate expressed as […]
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                        Forex Analysis Of USD/JPY For Tuesday, August 7

E Forex Analysis Of USD/JPY For Tuesday, August 7

First, we look into the previous day trade and what happened on August 6, 2018, and the USD/JPY pair opened at 111.214 and went high at 111.518 and gone low 111.144 and finally closed at 111.386. The calculated pivot point for the day is 111.349. The difference between high and low was nearly 0.374 points […]
Some Facts On Global Current Account Balances

Some Facts On Global Current Account Balances

I’m the sort of joyless and soul-killing conversationalist who likes to use facts as the background for arguments. In that spirit, here’s an overview of some facts about global trade balances, taken from the IMF External Sector Report: Tackling Global Imbalances and Rising Trade Tensions (July 2018). Here’s a list of the 15 countries with the largest […]
Technology Is Still The Overall Market Leader

Technology Is Still The Overall Market Leader

My Swing Trading Approach I want to add more long exposure here to the portfolio if the market will allow for it, while increasing the stop-losses on existing positions. A number of stocks have been down post earnings, and they are creating plenty of decent long setups to play.  Indicators Volatility Index (VIX) – Broke below […]
USD/CHF – Invalidation Or Verification?

USD/CHF – Invalidation Or Verification?

Although currency bulls managed to invalidate a small breakdown under the lower border of the rising trend channel, they failed to go further north. What stopped them? How did their opponents behave in the face of this event? What does all this mean for the U.S dollar and the Swiss franc? You will find the […]
The Bearish Cases For Equities In 2018

The Bearish Cases For Equities In 2018

In this article we will be reviewing some of the bearish cases for equities since they have overcome the correction earlier in the year and are now near record highs once again. The Nasdaq and the Russell 2000 already beat their January highs, but the S&P 500 and the Wilshire 3000 haven’t. To be clear, it’s not […]
Pick Up Shares Of Limoneira

Pick Up Shares Of Limoneira

Extreme droughts in Southern California are causing more than just water shortages and devastating wildfires. The agricultural sector has been impacted by the droughts, which are getting more severe every year because of climate change. Citrus producers are particularly being squeezed by water restrictions and irrigation issues, thus creating a major shortage of lemons and […]
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                        Markets: Steady As She Goes

E Markets: Steady As She Goes

Avoid sudden change – good advice for sailors and traders today. That is the lesson for the day as the summer lull continues to bring out the bulls. Risk on, Dollar off. The rally up in China shares notable along with CNY relative stability. Even Turkey got some relief. Central banks and trade remain front […]
Gold: The Chinese Have Changed The Way They Look At It

Gold: The Chinese Have Changed The Way They Look At It

At the risk of alienating all my readers who view gold as a barbarous relic, I am chancing one more post to expand on my ideas regarding the correlation between gold and the Chinese currency. Although some readers got a chuckle out of my article Gold: Come’on – Admit it – You want to own it, […]