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Economic Data Forecasts For The Weeks Of March 11 And 18

Economic Data Forecasts For The Weeks Of March 11 And 18

Here are my forecasts for upcoming economic data.     Prior     Forecast Observation   Week of March 11       March 12       NFIB Small Business Optimism Index – February 90.6 89.9           Consumer Price Index – February 0.4% 0.4   CPI Core 0.3 0.4   […]
Market Briefing For Monday, March 11, 2024

Market Briefing For Monday, March 11, 2024

Stocks are wobbling from an extended S&P; not just from ‘State of the Onion’ Address, which basically showed ‘proof of life’ if you wish to view what seems to have been a caffeinated President adhering to his Party’s talking points. In a sense that aspect was disappointing; as there should be more bipartisan or National interests expressed, […]
Homebuilders Hosed

Homebuilders Hosed

Both on a fund level………..by way of XHB:And with individual securities, like KHB………..Maybe “hosed” is overstating it, but let’s just agree that it looks way more like a “sell” at these levels than a “buy.”More By This Author:Is 70,000 Performative?Peak Everything, Not Just StocksPatchouli-Scented Shoes
Goldilocks “Just Right” Porridge

Goldilocks “Just Right” Porridge

The US labour market seems to be in a comfortable zone—not too hot and not too cold. Reminiscent of Goldilocks’s “just right” porridge.February’s addition of 275,000 jobs is noteworthy but unlikely to spur any immediate shifts in the Federal Reserve’s 3-cut thinking. Although the headline was much higher than anticipated, the increase in permanent job […]
US30 | Dow Jones Analysis And Week-Ahead Forecast

US30 | Dow Jones Analysis And Week-Ahead Forecast

 More By This Author:NZDUSD Analysis & NZDUSD Price Prediction Forecast USDX Index Analysis Today, US Dollar Index & USDX Dollar Forecast USDJPY Daily Analysis And Price Prediction Forecast
Bearish Engulfing Patterns Undermine Attempts To Break ‘Bull Traps’

Bearish Engulfing Patterns Undermine Attempts To Break ‘Bull Traps’

The ‘bull traps’ in the indies were on course to be negated by Friday’s early surge, but by the close of business these potential follow on breakouts had morphed into more damaging bearish engulfing patterns. The good news is that breakout support levels remain intact, although a test of such supports should be seen as […]
Is Silver The New Nickel?

Is Silver The New Nickel?

 Image Source: Pixabay You may recall the kerfuffle in the nickel market when in 2022, in the face of a soaring nickel price, the London Metal Exchange ended up cancelling $12bn of nickel trades on March 8. It was a short squeeze to end all short squeezes. Hedge fund Elliott Associates said the cancellation of trades that […]
The Business Cycle – Profiting In Bull Or Bear Markets

The Business Cycle – Profiting In Bull Or Bear Markets

Image Source: UnsplashI was recently asked, “How do you select stocks using the business cycle?” This video answers that question in detail.00:10:48More By This Author:The Business Cycle – The Bullish Way To Read The Yield Curve The Business Cycle This Indicator Has A Great Record The Business Cycle, The Stock Market, And Interest Rates
Current Analysis: Elekta AB (EKTAF)

Current Analysis: Elekta AB (EKTAF)

From Elekta AB Annual Report Sweden-based Elekta AB (EKTAF) develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy.The company’s installed base of more than 5,000 linear accelerators, GammaKnife and Unity platforms, and software is used in more than 6,000 hospitals globally.The company’s sales are evenly distributed across geographies, […]
Are Tesla Moonshots Priced Into Its Share Price?

Are Tesla Moonshots Priced Into Its Share Price?

Major technology gains are coming — paradigm shifts in Artificial Intelligence-related fields — including embodied AI in humanoid robots. A few months ago, someone on Twitter/X said in 20 years there will be a billion humanoid robots, to which Tesla’s Elon Musk agreed, marking it as a HUGE proclamation.Nearly everyone (initially) doubts this narrative. However, I’m confident it’s a question of […]