From the Fed: Industrial Production and Capacity Utilization Industrial production decreased 0.2 percent in August. Manufacturing output edged up 0.1…
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Weekly Initial Unemployment Claims decrease to 213,000
The DOL reported: In the week ending September 10, the advance figure for seasonally adjusted initial claims was 213,000, a…
Continue ReadingRetail Sales Increase 0.3% in August
On a monthly basis, retail sales were up 0.3% from July to August (seasonally adjusted), and sales were up 9.1…
Continue ReadingThursday: Retail Sales, Unemployment Claims, Industrial Production, Philly Fed Mfg, NY Fed Mfg
Thursday:• At 8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for an increase to…
Continue Reading30-Year Mortgage Rates at 6.30%; 14 Year High
From Matthew Graham at MortgageNewsDaily: Boring Day For Rates, But Not “Good” Boring The mortgage market is no stranger to…
Continue ReadingMarket Stabilizes While Transports Hold Their Breath
After Tuesday’s stock market rout, the outperforming sector transportation (IYT) struggled on Wednesday. Although our other indicator we have been…
Continue ReadingYour Brain on Trades, Part 2
On this week’s edition of Trading Simplified, Dave continues with his “Next 100 Trade” series by examining recent mystery charts, with…
Continue ReadingDo You Believe In Equal-Weighted ETFs? Really?
One of my favorite intermarket relationships exist between consumer discretionary (XLY) and consumer staples (XLP). It’s a very quick way…
Continue Reading2nd Look at Local Housing Markets in August
Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in August A brief excerpt: This…
Continue ReadingThe Deception of Average
I published this the first time in November, 2017 and think it is just as appropriate now as then. The…
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