ISM Services Eases

Factory orders came in okay, joining a pretty good ISM (manufacturing) the other day while ISM (services) eased in May. Could we be seeing a phase change, where old fashioned…

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Post-Jobs

I have been highlighting some positive trades lately, so in the interest of keeping it real, I am kicking myself for being partially hedged on the precious metals (although when…

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Jobs +38k, USD Sinks

Well, talk about crosscurrents.  Job growth really took a hit.  The services stuff is still creating the jobs but the whole lagging mess dropped off in May (with unemployment actually…

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US Indexes, Stripped of Noise

Sometimes my charts get noisy with all the moving averages, momentum indicators, volume, different time frames, inter-market ratios, etc.  For this post, some very quiet monthly charts.  Let's start with…

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