In this video we run through the weekly email newsletter “The Top 5 Charts of the Week” and add a bit of extra comments and context. In this week’s edition we look at the astonishing...
from the Dallas Fed — this post authored by Kelvinder Virdi Global real gross domestic product (GDP) growth decreased from 3.5 percent on a year-over-year basis in third quarter 2017 to 3.4 perc...
Tesla (NASDAQ:TSLA) reports a production total of 34,494 vehicles in Q1. The tally included 24,728 Model S and Model X vehicles, and 9,766 Model 3s. The company says that in the past seven days it pro...
TSLA Has A Terrible Weekend There are many acronyms to describe the large momentum tech names. One of those is TFAANG. That one includes AMZN and TSLA. While there weren’t any earnings reports durin...
The charts don’t look negative enough to motivate me to sell, but, then again, I am not feeling the urge to buy this dip. I suspect most people feel the same. Sector Strength Below is my spreads...
USD/JPY has been in a three-day sell-off driven lower by risk aversion flows, but today the pair has managed to stage a comeback and is closing well above the 106.00 level. The markets appear to ha...
While the S&P 500 futures market occupied a relatively narrow range overnight, now that the US is trading there have been some more big swings intraday. After trading up at the open, stocks lost ...
The United States, Mexico, and Canada have made significant advances on reworking the North American Free Trade Agreement and ministers will meet in the coming days to determine the scope to agree on ...
Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? At this point, nine years later, the S&P 500 has set a series of inflation-adjusted record highs based...
You may not be aware, but Nucor (NUE ) is the largest mini-mill steelmaker using electric arc furnaces to melt scrap steel to produce its products. So, when people are bringing their scrap metal to ju...