In the financial markets when everyone thinks something will happen, usually something else happens. It’s a contrarian principle that should…
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Industrial Production Increased 0.1% in December
From the Fed: Industrial Production and Capacity Utilization Industrial production moved up 0.1 percent in December and declined 3.1 percent…
Continue ReadingRetail Sales Increased 0.6% in December
On a monthly basis, retail sales were up 0.6% from November to December (seasonally adjusted), and sales were up 5.6…
Continue ReadingAnimal Spirits: The Cash-Returning Machine
Today’s Animal Spirits is brought to you by Nasdaq ETFs and Fabric by Gerber Life: See here for more…
Continue ReadingThe Case for a Tactical Stock Selloff
In this edition of StockCharts TV‘s The Final Bar, guest Adam Turnquist of LPL Financial lays out the case for a tactical…
Continue ReadingWednesday: Retail Sales, Industrial Production, Homebuilder Survey, Beige Book
From Matthew Graham at Mortgage News Daily: Mortgage Rates Start The Week Back Near Recent Highs [R]ates were near 8%…
Continue ReadingAre Key Commodities Decoupling from Equities?
After a long weekend, the market action on January 16th held some surprises. The Bullish Trends, or gainers, were the…
Continue ReadingMorgan Stanley Earnings: Cut This Banking Giant Some Slack
Earnings season is underway, and as usual, Wall Street is kicking off the season with the largest U.S. banks among…
Continue ReadingUranium Above $100 Per Pound: Will Uranium Stocks Go Nuclear?
Think back to 1986 and 2011. If you’re a seasoned uranium futures trader, you will know the significance of these…
Continue ReadingWill There Be a Federal Stimulus Check in 2024?
It’s been almost three years since the federal government approved stimulus checks in response to the COVID-19 pandemic. Although the…
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