From STR: U.S. hotel results for week ending 31 May The U.S. hotel industry reported negative year-over-year comparisons, according to…
Continue ReadingClusters of Long Winning Streaks: What They’re Telling Us
Recently, the S&P 500 ($SPX) has been racking up a good number of wins. Since late April, the index has…
Continue ReadingTrade Deficit decreased to $61.6 Billion in April
The Census Bureau and the Bureau of Economic Analysis reported: The U.S. Census Bureau and the U.S. Bureau of Economic…
Continue ReadingWeekly Initial Unemployment Claims Increase to 247,000
The DOL reported: In the week ending May 31, the advance figure for seasonally adjusted initial claims was 247,000, an…
Continue ReadingS&P 500 on the Verge of 6,000: What’s at Stake?
A lot has happened in the stock market since Liberation Day, keeping us on our toes. Volatility has declined significantly,…
Continue ReadingWhy ADX Can Mislead You — And How to Avoid It
In this video, Joe walks through a comprehensive lesson on using the ADX (Average Directional Index) as part of a…
Continue ReadingFed’s Beige Book: “Economic activity has declined slightly”
Fed’s Beige Book Reports across the twelve Federal Reserve Districts indicate that economic activity has declined slightly since the previous…
Continue ReadingStrategic Chaos or Tactical Goldmine? What QQQ’s Chart is Whispering Right Now
Despite the uncertainty prevailing in the markets, the Nasdaq 100 Index ($NDX) has proven resilient, perhaps more so than its…
Continue ReadingHeavy Truck Sales Down 8% YoY in May
This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the May 2025…
Continue ReadingISM® Services Index decreased to 49.9% in May
(Posted with permission). The ISM® Services index was at 49.9%, down from 51.6% last month. The employment index increased to 50.7%,…
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