The labor market swings have been huge, and the June employment report was better than expected with 4.8 million jobs…
Continue ReadingDP Show: First Quarter Earnings Are In!
In this episode of DecisionPoint, Carl reviews the DecisionPoint charts that track “fair value” based on earnings and earnings estimates. We…
Continue ReadingWeekly Initial Unemployment Claims decrease to 1,427,000
The DOL reported: In the week ending June 27, the advance figure for seasonally adjusted initial claims was 1,427,000, a…
Continue ReadingJune Employment Report: 4.8 Million Jobs Added, 11.1% Unemployment Rate
From the BLS: Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate declined to 11.1…
Continue ReadingLooking For The Next Massive Move? Check This Idea Out!
When something reaches record lows, it is usually a trainwreck. Yes, oil was there a few months ago, and proceeded…
Continue ReadingThursday: Employment Report, Initial Unemployment Claims, Trade Deficit
Thursday:• At 8:30 AM ET, Employment Report for June. The consensus is for 3,074,000 jobs added, and for the…
Continue ReadingJuly 1 COVID-19 Test Results, Highest Percent Positive Since Early May, Over 50,000 Positive
UPDATE: First post didn’t include California numbers. Now updated. The US is now conducting over 500,000 tests per day, and…
Continue ReadingVolatility Time Bands: Connecting Intraday Extremes with Historical Ones for Low-Risk Entries
Created many years ago, Volatility Time Bands came out of the need to be more dynamic in the computation of…
Continue ReadingThe Ord Oracle June 30, 2020
SPX Monitoring purposes: Long SPX on 6/25/20 at 3083.76. Monitoring Purposes GOLD: Sold GDX on 6/11/20 at 32.83=gain; long GDX…
Continue ReadingFOMC Minutes: Pandemic “Posed considerable downside risks to the economic outlook over the medium term”
From the Fed: Minutes of the Federal Open Market Committee June 9-10, 2020. A few excerpts: Over the intermeeting period,…
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