Chirp Chirp, Chirp Chirp… Silence?

The canary chirped in 2013 as its equipment sector ramped up its bookings and we kept up with the bullish data every step of the way after that with updates…

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David Stockman Gives the MSM a Shot of Reality

It's worth your 8.75 minutes to listen to former Regan Budge Director David Stockman talk about the new corporate welfare bill and the trillions in additional impairment it will cause…

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Mutant Canaries Chirping in Semi Sector?

I am having trouble logging into Fidelity and thus managing my own affairs, so time is limited and this post contains no fundamental facts to back up the title other…

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ISM Fuels Near-term Inflation View

The headline is 58.7% (full report here) but I have highlighted in green the items that matter. New orders are brisk, along with employment. Inventories, backlogs and prices implying cost…

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Baltic Dry Index… Freak Show Here

Here we take a look at the BDI once again and marvel at its complex Inverted Head & Shoulders pattern with compound shoulders. Of course, that is a TA's way…

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What to Make of NFP -33,000?

Non Farm Payrolls printed a negative number for the first time since 2010. Of course the Hurricanes are in there to large degree but still, it's a worse number than…

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Recommended Reading: The Weakest Boom Ever

A lot of my work assumes that readers are already grounded in what makes the boom/bust economy go... and stop. In other words, if I'm talking bullish it means I'm…

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May Payrolls +138k

Once again the Good Ship Lollypop floats on the back of its Services sectors. Except that in May the ship listed a bit at only 138,000 jobs created. It's backward…

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Floating Path Added to Biiwii

Just a quick note in light of my orientation as a visual learner and economy/market data nerd. Floating Path has been added to the limited list of high quality analytical…

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More Robots, Fewer Jobs

Bloomberg has an article out this morning showing the economic zones where the Robotics industry is taking jobs away from humans. More Robots, Fewer Jobs This is a fact of…

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Payrolls +211,000; Details & Words to Follow…

Of course, the main market-moving event is scheduled for this weekend, and Kevin Muir has some good thoughts on it, with players all but discounting Le Pen. But here in…

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