Europe, Euro & USD Updated
With USD at the 50 day averages at yesterday’s close…
and the UUP ETF breaking through it today…
With USD at the 50 day averages at yesterday’s close…
and the UUP ETF breaking through it today…
Beginning with our oft-watched Machine Tools sales graph, we find that May did not include any sort of post-harsh winter bounce in sales. Nor did the multi-industry reading do well. …
The summer correction came and it lasted exactly one day!
Well, that is hyperbole because what really happened was that a market that was sagging and losing momentum was shoved downward in one great, noise-filled plunge as some indexes reached initial support targets that we were noting.
Folks, it is just one indicator and we should not promote one item as if it has mystical powers above all others (it is part of a concert with its…
Gold vs. Silver is up but still in consolidation longer-term. It must turn down here or there will be concerns for many markets. Which would add to the concerns already…
From the nicely redesigned MacroTrends website, a look at long-term, inflation adjusted gold and silver. FWIW...
Just carrying on the current themes within the current trends. A report that breaks no real new ground but updates the whole enchilada, keeping us on track. I am satisfied…
Dow is up solidly today, but this is only bouncing it to the broken 50 day moving averages. SPX is up a smaller amount, which makes sense since it was…
USD has been in correction since the hysterical March top. The daily chart shows a series of lower highs and lower lows that was interrupted last week when USD failed…
<insert here> the usual wording about indicators being conditions or guides, not directors... I usually look at the CoT data for gold and silver, but once in a while going…
A look at a few items in-day, in-week, fwiw... TIP-TLT ratio, indicates that inflation protected have been favored over regular long-term T bonds for all of 2015. This indicates the…
USD is bouncing hard on what, new home sales? Fed governor 'Sept. rate hike' Jawbone? Euro 'sell the news'? Whatever the reason, Uncle Buck is up today but pausing at…
EMC is long-standing leader in data storage for governments and business, and as such has been in the news lately as a victim of constant hack attacks. Okay, fine. NFTRH+…
A good report, as usual. That may sound smug but #348 is another report helped me personally because as usual I don't go into these things so much trying to…