Relative Rotation Graphs are not only good for showing you the relative rotation based on price but they can also…
Continue ReadingHow to Use the SuperDOM Price Ladder for Order Entry
One of NinjaTrader’s powerful order entry features is the SuperDOM, an interactive price ladder which displays market depth. The SuperDOM…
Continue ReadingPhilly Fed Manufacturing firms reported “signs of improvement” in June
Note: Be careful with diffusion indexes. This shows a rebound off the bottom – some improvement from May to June…
Continue ReadingWeekly Initial Unemployment Claims decrease to 1,508,000
The DOL reported: In the week ending June 13, the advance figure for seasonally adjusted initial claims was 1,508,000, a…
Continue ReadingThursday: Unemployment Claims, Philly Fed Mfg Survey
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a 1.450…
Continue ReadingCopper/Gold Ratio
I love intermarket relationships, especially ones which can give useful insights. This week’s chart looks at the ratio of copper prices…
Continue ReadingJune 17 COVID-19 Test Results
Note: I started posting this graph when the US was doing a few thousand tests per day. Clearly the US…
Continue ReadingThe Elephant in the Market
“I don’t see us wanting to run through the bond market like an elephant snuffing out price signals, things like…
Continue ReadingQuarterly Starts by Purpose and Design
Along with the monthly housing starts for May today, the Census Bureau released Quarterly Starts by Purpose and Design through…
Continue ReadingWhy INR Is Resilient Against USD
Despite rising over 20% from the low point seen in March 2020, the Indian equity markets have continued to under…
Continue Reading