Posts under Economy & Markets Category

Aug17

Unlike the herky jerky move off the June lows where 3-7 days of gains would immediately be followed by 3-7 days of losses taking back 50-66% of the previous move up, the tone has changed substantially in August.  After a…

Aug16

CNBC's Fast Money had an extended interview with Marc Faber last evening, and this well known strategist is calling for a 10% correction over the intermediate term.   However he believes the S&P 500 could make a new yearly high first. …

Aug16

While few expect a rip roaring return of the housing market, the key for national GDP is stability.  Auto production and housing are key drivers for GDP, and with both bouncing off extreme levels reached in 2009-2010, it would take…

Aug16

I can't recall a period in the past few years when the market has traded in such a tiny band for so long.  Perhaps there has been a similar string, but off the top of the head – can't recall when. …

Aug15

An interesting graph from one of the people on twitter I follow @hertcapital below.  While the S&P 500 is basing a stone's throw away from yearly highs, the breadth of participation is not near levels seen early this year, or…