Energy plays have been hot lately due to the unfortunate Russia-Ukraine war. I hope this ends peacefully soon. It’s devastating…
Continue ReadingUncategorized
Cleveland Fed: Median CPI increased 0.5% and Trimmed-mean CPI increased 0.5% in February
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of…
Continue ReadingWeekly Initial Unemployment Claims Increase to 227,000
The DOL reported: In the week ending March 5, the advance figure for seasonally adjusted initial claims was 227,000, an…
Continue ReadingCoreLogic: Homeowners with Negative Equity Lowest in Over 12 Years
From CoreLogic: Number of U.S. Homeowners in Negative Equity Dropped to Lowest Level in Over 12 Years, CoreLogic Reports CoreLogic®…
Continue ReadingBLS: CPI increased 0.8% in February; Core CPI increased 0.5%
Note: This is pre-invasion, and there will be sharp increases in energy prices for March. From the BLS: The Consumer…
Continue ReadingEquity Index Roll Date – March 2022
The last trade date for the March Equity Index contracts, including ES, NQ, YM & RTY, falls on Friday, March…
Continue ReadingDon’t Be Fooled By a One Day 2.5% Jump.
Yesterday (Wed 3/9) the S&P bounced up around 2.5%… And although it is a nice jump after all the declines…
Continue ReadingThursday: CPI, Unemployment Claims, Q4 Flow of Funds
Thursday:• At 8:30 AM ET, The Consumer Price Index for February from the BLS. The consensus is for a 0.8%…
Continue ReadingOil Drops and the Russell 2000 (IWM) Rallies Towards Resistance
Oil is making a reversal pattern and rejecting its 80-month moving average; however, will the overall trend stay intact, or…
Continue ReadingIf You Can’t Handle the Truth
On this week’s edition of Trading Simplified, Dave kicks off thie episode with Mystery Charts and Methodology In Action. He then…
Continue Reading