Category Archive: Finance, No picture
Converging Labor Trends
It was a forgettable moment. The Federal Reserve’s Chairman at the time, Janet Yellen, was asked about a key economic statistic and she just couldn’t come up with it. In September 2016, Yellen was on Capitol Hill to testify as she usually did about how things were surely getting better. Rep. Frank Guinta wanted to […]
Tesla May Enter S&P 500 Index: ETFs To Watch
Tesla (TSLA – Free Report) could become a member of the S&P 500 Index in the second quarter of next year if it manages to show sustained profitability over trailing 12 months, according to one analyst at Macquarie. Per Macquarie, Tesla fulfills all the S&P 500’s requirements except the one that calls for four quarters of […]
50 Million Empty Homes In China, Third-Home Purchases Soar
There are more than 50 million vacant homes in China. An amazing 69% of recent purchases are second or third homes. Home-buying speculation is rampant in China. Over a fifth of China’s homes are empty. That’s 50 Million Empty Apartments. Soon-to-be-published research will show roughly 22 percent of China’s urban housing stock is unoccupied, according to […]
S&P 500 Cumulative A/D Line Tracking Price
We monitor all sorts of different breadth indicators in order to get a feel for how market internals compare to moves in the major market averages, and one of the most widely followed of these indicators is the S&P 500’s cumulative A/D line. The cumulative A/D line is simply a running total of the daily […]
Fed On Course For December Rate Hike: 5 Bank Picks
As was widely expected, the Fed kept interest rates unchanged at the end of its latest two-day policy meeting. However, it indicated that gradual increases are in store in the near future. It also expressed confidence in the economy while noting that business investment has slowed somewhat. However, it refrained from sounding alarmist on issues […]
RecessionAlert Weekly Leading Index Update – Friday, November 9
The latest index reading came in at 9.6, down from the previous week. RecessionAlert launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite. RecessionAlert emphasizes that WLEI […]
USD/CAD Bulls Break Resistance, Traders Eyeing Summer Highs
USD/CAD has broken out of its 4-month bearish channel this week, potentially opening the door for further strength in the coming week.
Big US Stocks’ Q3’18 Fundamentals
The widely-held mega-cap stocks that dominate the US markets are just wrapping up another blockbuster earnings season. Sales and profits soared largely due to Republicans’ massive corporate tax cuts. Still these lofty stock markets are vulnerable to serious downside, as October’s brutal plunge proved. Such extreme revenue and earnings growth cannot persist, and valuations remain […]
Play Exxon Mobil’s Q3 Earnings Beat With These 3 Funds
Exxon Mobil Corporation’s (XOM – Free Report) third-quarter earnings exceeded expectations. The oil and natural gas behemoth’s strong third-quarter results were aided by robust oil and gas prices as well as healthier fuel margins. Exxon Mobil’s encouraging earnings results had a positive impact on the energy sector and boosted investors’ sentiment. Following the promising development, investing in […]
USD/JPY Bullish Sequence Fizzles As U. Of Michigan Fails To Impress
The recent rally in USD/JPY appears to be sputtering ahead of the 2018-high (114.55) as the U. of Michigan Confidence survey does little to boost the economic outlook, and recent price action raises the risk for a larger pullback as the exchange rate fails to extend the series of higher highs & lows from earlier […]
