Note: I started posting this graph when the US was doing a few thousand tests per day. Clearly the US…
Continue ReadingStep Theory Part 3: Time Area Steps and Sector Rotation
Time Area is an incredibly simple indicator, the nature of which belies its usefulness. The default setting plots the mid-value…
Continue ReadingZoom (ZM) Helps To Lead Our Model Portfolio To Nearly 100% Gain In 19 Months
I think most market participants would agree that the past 19 months, which has included 2 cyclical bear markets, have…
Continue ReadingWhere Wall Street Meets Broad Street – Using Breadth Data to Confirm Sector Rotation
Technical analysts use a lot of breadth data in their work, which is understandable as it can give us a…
Continue ReadingSacramento Housing in May: Sales decline 37% YoY, Active Inventory down 23% YoY
Note that May sales are for contracts typically signed in March and April – when the economy was shutdown –…
Continue ReadingQ2 GDP Forecasts: Probably Around 33% Annual Rate Decline
Important: GDP is reported at a seasonally adjusted annual rate (SAAR). So a 33% Q2 decline is around 8% decline…
Continue ReadingBLS: May Unemployment rates down in 38 states; 4 States at New Record Highs
From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in May in 38 states and…
Continue ReadingLast Weeks Ripcord Yank Stalled Momentum
The markets have been very passive this week. Mondays move to the upside was encouraging. The spike continued to Tuesday…
Continue ReadingBlack Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Declines Slightly for the third consecutive week
Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance. From…
Continue ReadingAnimal Spirits: Advisor Solutions with Helios
Today’s show is brought to you by Helios Quantitative. You can check them out here Listen here: On today’s show…
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