This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the September 2024…
Continue ReadingUncategorized
These 4 Chinese Stocks are Worth a Look
In this exclusive StockCharts TV video, Joe explains how to use two timeframes to identify 2 important characteristics of a…
Continue ReadingADP: Private Employment Increased 143,000 in September
From ADP: ADP National Employment Report: Private Sector Employment Increased by 143,000 Jobs in September; Annual Pay was Up 4.7%…
Continue ReadingVehicles Sales Increase to 15.77 million SAAR in September
Wards Auto released their estimate of light vehicle sales for September: September U.S. Light-Vehicle Sales up Slightly on SAAR basis;…
Continue ReadingWith 2024 Q2 Earnings In, Market Remains Very Overvalued
S&P 500 earnings are in for 2024 Q2, and here is our valuation analysis. The following chart shows the normal…
Continue ReadingTraders are Eyeing These Metals After China’s Big Economic Shift: Here’s What You Need to Know
China’s central bank is back in action, cutting interest rates and lowering reserve requirements to boost its economy. Well, guess…
Continue ReadingUS Sectors Soar to New Highs!
In this video from StockCharts TV, Julius takes a detailed look at the monthly charts for all US sectors and…
Continue ReadingConstruction Spending Decreased 0.1% in August
From the Census Bureau reported that overall construction spending decreased: Construction spending during August 2024 was estimated at a seasonally…
Continue ReadingBLS: Job Openings “Little Unchanged” at 8.0 million in August
From the BLS: Job Openings and Labor Turnover Summary The number of job openings was little changed at 8.0 million…
Continue ReadingISMĀ® Manufacturing index Unchanged at 47.2% in September
(Posted with permission). The ISM manufacturing index indicated expansion. The PMIĀ® was at 47.2% in September, unchanged from 47.2% in…
Continue Reading