Category Archive: Finance, No picture
AskSlim Market Week – Saturday, October 13
The stock market fell last week, with the S&P 500 (SPX) down 119 points to 2767, a decline of 4%. • The sharp pullback was due in part to concern over rising interest rates and the trade war with China. • Our projection this week is for stocks to continue this decline with a […]
RecessionAlert Weekly Leading Index Update – Saturday, Oct. 13
The latest index reading came in at 17.8, 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 […]
GDPNow Vs Nowcast Gap Widens Again, Huge GDPNow Inventory Contribution
The Atlanta Fed GDPNow Model Forecasts 4.2% GDP Growth. Nowcast is 2.3%. Inventories contribute 2.2 % to GDPNow. The gap between the GDPNow and Nowcast Third-Quarter GDP estimates widened slightly to 1.9 percentage points. The latest estimates are 4.2% for GDPNow on October 10 and 2.3% for Nowcast on October 12. The inventory contribution […]
Return Of The Trader
Volatility has returned with a vengeance. The market is no longer buy and hold. Now is the time for traders to get back to work and take advantage of the massive opportunity in the market. In this crucial weekend video newsletter update we look at all the opportunities in the coming week.
Constructive Price Action Leads Technicals
Turmoil in the equity market helped spur the technical pullback in the dollar we anticipated. The greenback finished the week on a firm note as equities stabilized.The technical indicators, which signaled the likely correction, have not turned in the dollar’s favor, but the price action itself was more constructive. Dramatic equity market losses weighed on the […]
E Has Costco Become A Bargain After Its Recent Correction?
Costco (COST) enjoyed an impressive rally in the 11 months leading to early September, as it rallied 57% during that period. However, the stock has incurred a 10% correction in the last month. As Costco rarely incurs prolonged corrections and almost always trades at a premium valuation, the big question is whether the stock has […]
The Stock Market Rout: A Healthy Correction, Or The Start Of A Bear Market?
Video Length: 00:06:19 Is a bear market beginning? The stock market was pummeled in a two-day stretch from Oct. 10-11, with major indexes tumbling across the globe. This has led many investors to wonder if the much-anticipated beginning to the next bear market is underway. My answer? Probably not. The recent downturn looks a lot […]
Recapping The Volatile Week For Gold, GDX, Silver, The USD And US Markets
With the crazy week in the markets now coming to an end Doc (Richard Postma) and I look at the charts to see what has changed. We discuss everything from metals to the USD to markets. (Audio length 00:12:16)
Stocks’ Last Cheap Sector
The lofty stock markets suffered a sharp selloff this week that may prove a major inflection point. There was one lone sector that bucked the heavy selling to surge in the carnage, the gold miners’ stocks. They are the last cheap sector in these bubble-valued stock markets, long overlooked and neglected. Wildly undervalued today, the […]
