Fed’s Beige Book “This report was prepared at the Federal Reserve Bank of Chicago based on information collected on or…
Continue ReadingCensus: Household Pulse Survey shows 34.9% of Households Expect Loss in Income
First, from @ernietedeschi Employment in the @uscensusbureau Household Pulse Survey fell another -1.3 million last week alone. It’s now fallen…
Continue ReadingCrude Oil Roll Date – August 2020
Tuesday, July 21st marks the Last Trade Date for the August 2020 Crude Oil futures contract. Active CL traders can…
Continue ReadingIndustrial Production Increased 5.4 Percent in June; Still 10.8% Below Pre-Crisis Level
From the Fed: Industrial Production and Capacity Utilization Total industrial production rose 5.4 percent in June after increasing 1.4 percent…
Continue ReadingNY Fed: Manufacturing “Business activity increased in New York State” in July
From the NY Fed: Empire State Manufacturing Survey Business activity increased in New York State for the first time in…
Continue ReadingAnimal Spirits: This is A Bubble
Today’s Animal Spirits is brought to you by Masterworks, sign up here. Disclaimer here On today’s show we discuss: Elon…
Continue ReadingWednesday: Industrial Production, NY Fed Mfg, Beige Book
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.…
Continue ReadingNew Concepts in Technical Analysis: Divergence as a Continuation Pattern
“Divergence as a Continuation Pattern” is a great example of an oxymoron, as the concept flies in the face of…
Continue ReadingAgain with the Financial Sector?
Last night, I featured junk bonds (JNK). As it has been underperforming, I wanted to give a head’s up in…
Continue ReadingBrand New “What Are Your Thoughts?
Today on an all new edition of What Are Your Thoughts – Josh and I discuss the hottest topics in…
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