July Payrolls +215,000
Our guess is off by 20k. As expected, it was 'services' that led hiring in July. Full BLS release here.
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August 7, 2015
‘Jobs’ Friday (Guessing +235,000)
With the soft ADP the other day and other signs of economic flattening, some people may be looking for a weak Payrolls report tomorrow. I am going to take a…
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August 6, 2015
DUST 60 Min.
DUST had a look of bearishness to it, which would have gone hand in hand with a bounce in the gold stocks that I have been more expecting than not. …
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August 5, 2015
Wax Off/On = Sideways
Yesterday was wax off because as the media rationalized, some Jawbone was talking tough on interest rates (as in a September hike is on). Today wax is on because well,…
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August 5, 2015
Factory Orders, etc.
Some handy graphics from FloatingPath... Factory Orders increased in June (note: USD was weak in June) and had been on par throughout the 'expansion' after the big reversion in 2009. …
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August 5, 2015
Armstrong to Allow a Gold Rally?
Ha ha ha... well, with the way he commands the respect of reformed gold bugs it almost seems as if gold will not rally until Marty says gold will rally.…
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August 4, 2015
2 Stocks, 1 Kop
Since the October decline, into which I had some profitable short trades and out of which I had some profitable bull ones, the stock market has gone mostly sideways in…
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August 4, 2015
More on Gold Mining
Since it seems to be the time to start writing more about the miners after years on the out cycle, with only the eternally bullish pompom squad micro managing the…
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August 3, 2015
Gold Stocks
First off, here is miner 3x bear DUST again with the 60 min. chart getting its bearish look compromised as it rises above the right side's would-be shoulder. This is…
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August 3, 2015
DUST Up
Checking back in with old friend DUST hourly. Still no resolution as it levitates within a pattern that still does not look pleasing. If it proves unpleasant for DUST, it…
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August 3, 2015
US Market: Daily Snapshot Charts
SPX bounced from the MA 200 and is using the 50 day moving averages as support. Key resistance is low 2130's. Key support around 2100. INDU is more bearish and…
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August 3, 2015
T Bonds Constructive
Short-term Treasuries would be the receptacles of a flight to 'quality', liquidity, risk 'OFF'. The longer-term bonds would be a more risky risk 'OFF' play, with more potential gain as…
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August 3, 2015
NFTRH 354 (PDF add-on)
A 13 page add-on to the NFTRH 354 online edition was just emailed to subscribers. Fills in some more color on what may look like an uninteresting backdrop, but what…
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August 2, 2015