Your Weekly Economic Cheat Sheet
/in Investing/by Tom 2Last Week The calendar was busy, but the only numbers of any real importance last week were the flash global manufacturing PMIs. There were gives and takes, as always, but the bottom line was that they met current market expectations (and as such aren’t rocking the global macro boat). Growth remained strong in the U.S. […]
Need to Know on China
/in Investing/by Tom 2Need to Know on China China has been in the news the last two days, specifically a WSJ article speculating that the head of the PBOC will be replaced in October. This was the main headline cited for both Wednesday’s move higher, and yesterday’s breakdown. Before getting into the market reaction, though, basically what the […]
Stocks Crash Through Support
/in Investing/by Tom 2The S&P 500 is now down 2.5% from last week’s fresh all time highs, trading well below support at both the recent 1980 level as well as the 50 day moving average (1976).
It’s Not Just About Europe and the Long Bond
/in Investing/by Tom 2It’s Not Just About Europe and the Long Bond We focus predominantly on the long end of the curve here because that’s where I see the biggest money-making opportunity given the ETFs we have access to. But, watching the entire yield curve is important in gauging the overall trend of bonds. To that end, I […]
The S&P 500 Has Now Totally Retraced the Pre-FOMC Rally
/in Investing/by Tom 2To find out what key indicator we are watching to see if stocks will go lower as well as the ETF we are currently using to hedge stock exposure, sign up for a free trial on the right hand side of this page.
“Death” Cross in the Russell 2000
/in Investing/by Tom 2That’s not good – the Russell 2000 50 day MA just crossed the 200 to the downside.
Why the Gaetz Withdrawal Sparked Yesterday’s Rally
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Why the Gaetz Withdrawal Sparked Yesterday’s Rally