Archives by Month:

Archives by Year:

October 2018 Empire State Manufacturing Index Declined

October 2018 Empire State Manufacturing Index Declined

The Empire State Manufacturing Survey index modestly improved and remains in expansion. The key internals were mixed with backlog falling significantly. Analyst Opinion of Empire State Manufacturing Survey Because of the movement down of backlog, and improving for new orders – it is hard to say that this report was better than last month. Econintersect reminds […]
GBPJPY: Bearish Setup

GBPJPY: Bearish Setup

We start off this Monday with an analysis of the GBPJPY pair; an instrument beloved by retail traders. They mostly praise its volatility, which can bring about fast wins, but at the same time, fast losses. The setup here is very clean and has a high chance of success. The pair has been in a […]
Gold Market Update – The 7-Year Bear Market Phase Is Over…

Gold Market Update – The 7-Year Bear Market Phase Is Over…

Thursday last week was a momentous day for the Precious Metals sector with gold, GDX, and other índices, and giant gold ETF, GLD all breaking out on impressive volume, and this development was all the more extraordinary because it happened when the broad stock market was crashing. This is viewed as a strong sign that instead of […]
Most Active Equity Options And Strikes For Midday – Monday, Oct. 15

Most Active Equity Options And Strikes For Midday – Monday, Oct. 15

Data Courtesy of Trade Alert 
Will The Economy Crash In 2019?

Will The Economy Crash In 2019?

Don’t expect the economy to crash in 2019, but be prepared for a possible recession. Plenty of people are asking about the chance of a crash, which I interpret as a pretty severe recession, like 2009-10. The primary trigger of a full-blown crash would be a financial crisis when many companies, consumers and other entities […]
September Retail Sales: Up 0.1% MoM, Worse Than Forecast

September Retail Sales: Up 0.1% MoM, Worse Than Forecast

The Census Bureau’s Advance Retail Sales Report for September was released this morning. Headline sales came in at 0.1% month-over-month to one decimal and was worse than the Investing.com forecast of 0.7%. Core sales (ex Autos) came in at -0.06% MoM (to two decimals). Revisions were made going back to 2017. Here is the introduction from today’s […]
Bet On These 3 High-Yield Mutual Funds For Healthy Gains

Bet On These 3 High-Yield Mutual Funds For Healthy Gains

Those looking to invest in bonds rated lower than investment-grade can consider high-yield bonds or junk bonds. Mutual funds having significant exposure in high-yield bonds are expected to provide better returns than those investing in securities with higher ratings, including government and corporate bonds. Also, due to their higher-yield feature, junk bonds are believed to […]
Empire Manufacturing Tops Expectations

Empire Manufacturing Tops Expectations

The Empire Manufacturing report put out by the New York Fed came in slightly stronger than expected in October, rising to a level of 21.1 from 19.0 and expectations for an increase to 20.0. The headline index for this report has now been positive for 24 straight months, which is the longest streak of positive […]
Mexico’s 2018 Growth Outlook Revised Down Slightly

Mexico’s 2018 Growth Outlook Revised Down Slightly

from the Dallas Fed — this post authored by Jesus Canas and Benjamin Meier Mexico’s consensus growth forecast for 2018 worsened slightly from 2.3 percent in July to 2.1 percent in August. The 2019 forecast held steady at 2.2 percent. In addition, second-quarter gross domestic product (GDP) growth was revised down further from -0.4 percent […]
Now Back To Our Regularly Scheduled Economy

Now Back To Our Regularly Scheduled Economy

The clock really was ticking on this so-called economic boom. A product in many economic accounts of Keynesian-type fantasy, the destructive effects of last year’s hurricanes in sharp contrast to this year’s (which haven’t yet registered a direct hit on a major metropolitan area or areas, as was the case with Harvey and Irma) meant […]