The GOP is scheduled to release their proposed Disaster Relief plan this afternoon. Based on early reports, their proposed package…
Continue ReadingSector Rotation Shows Weakness for Technology and Communication Services.
AFter Friday’s close we are facing a daily Relative Rotation Graph with some interesting (sector) rotations underway. Energy The Energy…
Continue ReadingDallas Fed: “Texas Manufacturing Recovery Continues” in July
From the Dallas Fed: Texas Manufacturing Recovery Continues Texas factory activity continued to expand in July following a record contraction…
Continue ReadingGold Futures Roll Date – August 2020
Friday, July 31st marks the first notice for the August Gold Futures Contract. GC Traders can roll to the succeeding…
Continue ReadingHigh Frequency Indicators for the Economy
Note: I’ve added a New York specific indicator – subway usage – at the bottom. These indicators are mostly for…
Continue ReadingThis Telecom Stock Seems To Be Giving Up…
The upper extended trend line shows that the Double Top breakout not only fizzled out, but the price action failed…
Continue ReadingAt the Edge of Chaos: Worry About the Fed and Market First, Then About the Economy
For investors, at least in the present, it’s not what the economy can do to the markets that matters most.…
Continue ReadingJuly 26 COVID-19 Test Results
The US is now reporting over 700,000 tests per day. Based on the experience of other countries, the percent positive…
Continue ReadingJuly 25 COVID-19 Test Results
The US is now reporting over 700,000 tests per day. Based on the experience of other countries, the percent positive…
Continue ReadingFree Webinar: UCI Professor Chris Schwarz Economic and Market Update on Tuesday, July 28th
UCI Professor Chris Schwarz and I have presented together before. Always interesting! He will be offering his thoughts on the…
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