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Job Openings And Labor Turnover: Clues To The Business Cycle – Tuesday, Sept. 11

Job Openings And Labor Turnover: Clues To The Business Cycle – Tuesday, Sept. 11

The latest JOLTS report (Job Openings and Labor Turnover Summary), with data through July, is now available. From the press release: Job Openings and Labor Turnover Survey (JOLTS) Data Corrections This news release contains corrections to previously released data in tables A, 1-3, 5, 7-9, and 11. More information on these corrections as well as a complete […]
Bond JOLTS Without Wages Is Just JO

Bond JOLTS Without Wages Is Just JO

In the absence of a booming economy, one has been conjured from a select few employment statistics. The catalog, beginning in 2014, consisted of a rapidly falling unemployment rate, the Establishment Survey which dazzled with headline payroll growth supposedly adding up to the “best jobs market in decades”, and the JOLTS series (but curiously omitting […]
Growth Versus Value: A Generational Low For Gold

Growth Versus Value: A Generational Low For Gold

All gold market eyes should be on the late September time frame. The next rate hike decision from the Fed is September 26, and the next gold option expiry on the COMEX is September 25. US trade announcements with Japan are also likely to happen around this same time frame.   The price action suggests […]
WEC Energy Group, NextEra Energy: Great Utilities But Risky Stock Values

WEC Energy Group, NextEra Energy: Great Utilities But Risky Stock Values

Introduction It is quite easy to get caught up, and quite hard to avoid getting caught up in a great bull market like the one we are currently in. However, it’s important to remind ourselves that: “everybody is a genius in a bull market.” In my experience, the hardest thing for investors to do is […]
Trader’s Offering To The Sardonic Bull

Trader’s Offering To The Sardonic Bull

Yes, it is as complicated as the photo depicts. This bull does not take offerings lightly. Whilst investors hold out their hands to feed the bull, the bull’s crown serves as a cautionary tale. If we go with each of the crown’s skeleton heads as five cautionary themes, the first one is certainly Semiconductors (SMH). […]
Budget Deficit Soars To $895 Billion; Will Hit $1 Trillion One Year Ahead Of Plan

Budget Deficit Soars To $895 Billion; Will Hit $1 Trillion One Year Ahead Of Plan

The U.S. budget deficit rose to $211 billion in August, nearly double the deficit gap from one year ago, the Congressional Budget Office estimated late Monday, which however was largely due to a calendar quirk: adjusted for shifts in payments, which would have occurred on a weekend, the deficit would have grown by 19%. Excluding the timing […]
Trade Update On These 3 Stocks: AMZN, MSFT And AAPL

Trade Update On These 3 Stocks: AMZN, MSFT And AAPL

In tonight’s video, I discuss key support levels for /ES and /NQ in play as the market rallies up away from daily chart support targets. I follow-up on bullish bounce trades discussed last week in AMZN, MSFT, and AAPL. Note the key levels and adjust open trades accordingly this week. Video Length: 00:08:47
3 Small Biotech Stocks That Almost Doubled In Past Month

3 Small Biotech Stocks That Almost Doubled In Past Month

The biotech industry has seen a turnaround in the second half of 2018 after a slightly slower first half. In the recent past, the sector witnessed some encouraging news in the form of positive data read-outs on key pipeline drugs as well as favorable regulatory updates, especially by the small biotech companies. The Medical – Biomedical […]
WTI Spikes Above $70 After Huge Crude Draw

WTI Spikes Above $70 After Huge Crude Draw

Amid east coast disruptions and Iran-related headlines, WTI spiked above $69 ahead of tonight’s inventory data, before extending gains when API reported a much bigger than expected crude draw (-8.4mm vs -1.75mm exp). API Crude -8.636mm (-1.75mm exp) – biggest draw since July 2018 Cushing +2.122mm (+900k exp) – biggest build since March 2018 Gasoline +5.821mm – biggest build […]
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                        Fed Signals Will Break The Economy. Wait Til Trump Finds Out

E Fed Signals Will Break The Economy. Wait Til Trump Finds Out

Tim Duy, an economist at University of Oregon and contributor to Bloomberg View has an ominous prediction. The Fed won’t change, just like a leopard won’t change its spots, and will likely establish the same policies that it has in the past to break the economy. Duy said: …What I find most interesting is the adherence to these […]