Markets on the Move – Trading Strategies using the Commitments of Traders Report Today (8/17) at 3:30 p.m. CT Join Lind Plus Senior Market Strategist Matthew Roma for a presentation on how to use the Commitment of Traders report to develop trading strategies. Matthew will focus on the energy and metals markets to demonstrate what [...]
U.S. Consumer Confidence Sinks on Job Concerns – Bloomberg Stocks Fall on Disappointing Consumer Confidence – Bloomberg Consumer Prices Flat in July – RealClearMarkets Industrial Production Rises – MarketWatch Is the Clock Ticking on the Market Rally? – SmartMoney Is Recent Drop in Short Interest Bearish? – MarketWatch 3 Ways to Predice the Housing Bounce’s [...]
Retail Sales and Jobless Claims Disappoint Hopes for a recovery in the U.S. economy are in question after retail sales fell unexpectedly in July, and jobless claims rose unexpectedly last week. To make matters worse, foreclosure filings jumped to a new record rate (up 7 percent in July) for the third time in five months [...]
Retail Sales Dip Unexpectedly – Yahoo Finance Jobless Claims Rise Unexpectedly – RealClearMarkets Foreclosures Set a Record High – Bloomberg Gold Gains as Dollar Declines – Bloomberg Dollar Down in Volatile Market – Wall Street Journal Fed Shows a Little Optimism – CNN Money A ‘Jobless’ and ‘Wageless’ Recovery? – Nouriel Roubini, Forbes An Anti-Greenspan [...]
U.S. Productivity Surges, Inventories are Lean – Reuters T. Boone Pickens: I’m Long Oil – Reuters U.S. Economy Has Bottomed: George Soros – Reuters Stocks: the Latest Fed Bubble – Fortune Argentina’s Cattle Crisis – Fortune Precious Metals: NY Gold Futures End Near Flat Ahead of Fed – WSJ Shell Pipeline Attacked in Nigeria – [...]
Many commodities have been on the rise recently, but sugar is s a standout, soaring to 28-year highs. I’ll take a look at the outlook for sugar and gold, as well as for the Treasury market and stock indexes. Investors seem to be thinking the economy is brightening enough for to continue taking on more [...]
U.S. Recession Seen Ending in Third Quarter – Reuters U.S. Gold Falls to 10-Day Low on Resurgent Dollar – Reuters Treasurys Up as Investors Rethink the Pace of Recovery – MarketWatch Punch Bowl to Stay on Table After Fed Meeting – MarketWatch Oil Falls on Stronger Dollar, Lower Stocks; Sugar Rallies 6% – MarketWatch Foreign [...]
Identifying the Head-and-Shoulders Pattern by Andrew Segal and Stuart Kaufman The head-and-shoulders pattern is probably the best known and most often misidentified of all the major reversal patterns. There are a number of nuances involved in properly identifying this pattern, so it warrants some discussion. The head-and-shoulders pattern manifests when a major trend begins to [...]
Job Losses Slow as Rate Drops – WSJ Retailers Brace for Weak School Shopping – WSJ China Commodities in Retreat on Fears of Monetary Tightening – WSJ Recession at Half-Time? – Reuters For a Change, Dollar Rallies on Good News – Reuters New Bull Market = Commodity Crisis?- iStock Investor U.S. Food Imports Grow Rapidly [...]
The Latest Hotness Indicator While most traders are watching economic statistics such as GDP, the employment numbers and housing starts to determine the health of the economy, CNBC ponders a new leading indicator, the “Hot Waitress Index.”Apparently when the economy contracts, more attractive women wind up waiting tables. Read more.
