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The 3 Cs Of Trading Markets In Turmoil

08:11pm, Thursday, 12'th Mar 2020
Here’s something to take some of the sting out of hard investing decisions. I call it the 3 Cs of trading in a crisis. Capital. Conviction. Courage. In order to

It's All About Coronavirus

11:00am, Monday, 09'th Mar 2020
The US February 2020 PMI is 50.1, indicating a second month of expansion. The US economy continues to grow on the strength of the non-manufacturing or services
The price declines to a slightly higher low. Coronavirus and the Chinese economy. Lots of volatility in warehouse stocks. FCX is hanging in there. Three reasons
The latest Philly Fed Manufacturing Index came in at 36.7, up 19.7 from last month's 17.0 and above the 12.0 forecast at Investing.com. The 3-month moving avera
Retail sales increased nominally by +0.3% in January, while December was revised downward by -0.1%, for a net gain of +0.2%. Neither real retail sales or real r

Lumber Is Quietly Rising

11:30am, Friday, 14'th Feb 2020
Lumber has not followed crude oil and copper. An industrial commodity for construction. Rates in the U.S. favor new home building. Levels to watch in the lumber
One thing that struck me is that we've now had two months of declines in manufacturing jobs. This is something I have been anticipating since about the middle o

U.S. Manufacturing Is Bouncing Back

10:58pm, Friday, 07'th Feb 2020
The U.S. January 2020 PMI rebounded after six months of contracting. The U.S. economy continues to grow on the strength of non-manufacturing industries. Manufac
Trade pushed copper to a peak in mid-January. Another problem in China pulled the rug out from under the bullish trend. Copper is not the only commodity moving
High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long leading, short leading, and coincident in
The trade deal with China pushes copper over the $2.80 level. A rise in LME stockpiles ignites a downside correction. Open interest rose with the price of the r
Unpacking the phase one China-U.S. trade agreement. Positive signs emerge for U.S. manufacturing sector. Q4 earnings season outlook.
Shipment volume in the US by truck, rail, air, and barge plunged 7.9% in December 2019 compared to a year earlier. It was the 13th month in a row of year-over-y
We have our first bits of forward-looking data for the year: November residential construction, December ISM manufacturing, and December light vehicle sales. Ho

More Trends That Ended 2019 The Wrong Way

11:21am, Thursday, 09'th Jan 2020
The numbers automakers have been publishing for December, and therefore total year sales, are not the sort that make you think things are getting better. The wa
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