Archives by Month:
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Silver Bottoming Almost Complete
The current silver bottoming process is very similar to that of 2001 to 2003. It took a while for silver to establish a base which set up the bull rally in the following years to 2011. The current bottoming has been longer, but it fits the profile of the early 2000 bottom in many respects. […]
Junk Bond Bubble In Six Images
The junk bond to BBB-rated bond spread and the spread between AAA to BBB bonds shows amazing complacency. It won’t last. Fallen Angels BBB-rated bonds are just one notch above junk (also called high-yield). Fallen angels are bonds that slip from BBB to junk. The lead chart shows what happens to “fallen angels” during recessions. […]
ISM Manufacturing Index: Expansion In October
Today the Institute for Supply Management published its monthly Manufacturing Report for October. The latest headline Purchasing Managers Index (PMI) was 57.7 percent, a decrease of 2.1 percent from 59.8 the previous month. Today’s headline number was below the Investing.com forecast of 59.0 percent. Here is the key analysis from the report: “The October PMI® registered 57.7 percent, a decrease […]
October Employment Report Preview
Heading into Friday’s Non-Farm Payrolls (NFP) report for October, economists are expecting an increase in payrolls of 200K, which would be a big increase from September’s report which came in significantly below expectations at 134K. In the private sector, economists are expecting an increase of 195K, which would imply a similar improvement versus September as […]
Gold Prices Risk Larger Advance As Bearish Sequence Snaps
The pullback from the October-high ($1243) unravels, with the recent weakness in gold accompanied by a decline in market participation, and the latest price action raises the risk for a larger advance as bullion snaps the series of lower highs & lows carried over from the previous week. GOLD PRICES RISK LARGER ADVANCE AS BEARISH SEQUENCE SNAPS […]
USD/CHF: False Break To 17-Month Highs Or A Mere Hesitation?
As you might expect from the undeniably “risk-off” tone throughout the month of October, the “safe haven” Japanese yen was last month’s best-performing major currency. The big surprise, however, came from a different safe haven currency; the Swiss franc was the weakest major on the month, edging out the euro. Perhaps SNB President Jordan’s statement […]
Why Tax Cuts Without Spending Cuts Won’t Bring Economic Growth
On Monday, October 15, 2018, the US Treasury Department released figures showing that the federal budget deficit had widened by 17% in the 2018 fiscal year, to $779 billion. Most experts see this widening in the deficit as the result of the tax cuts, which went into effect in January this year. Note that the […]
Most Active Equity Options And Strikes For Midday – Thursday, Nov. 1
Top tickers for midday: YELP, ZNGA, FB, AMD, BAC, GE, ETM.
September 2018 Headline Construction Spending Unchanged
The headlines say construction was unchanged month-over-month but was on the lower end of expectations. The rolling averages improved. Analyst Opinion of Construction Spending The rolling averages improved – and last month was moderately revised upward. Also, note that inflation is grabbing hold. The employment gains currently are generally correlating with construction spending. Econintersect analysis: Growth […]
