Tom McClellan's picture

A high reading for the Choppiness Index means that a new trending move is likely to start. But it does not tell us in which direction. The Choppiness Index was developed by Australian commodities trader E.W. Dreiss. The idea is to...

Andrew Zatlin's picture

Silicon Valley’s economy rests on the stock market more than any other US city outside of New York. Investors pour in billions of dollars with the expectation that the startups will have some kind of liquidity event...

Michael Shedlock's picture

Tomorrow, the BLS jobs report comes out. There are huge differences in the payroll estimates ranging from a low of 55,000 to a high of 217,000 by Econoday. Citing ADP, Reuters reports US Private Sector Adds 214,000 Jobs in February.

Marc Chandler's picture

The angst that characterized the first several weeks of the year continues to dissipate. Major equity markets are extending their two-week recovery into the third week. Immediate concerns about the US falling into a recession have eased.

Matthew Kerkhoff's picture

Today we’re going to dig into the state of corporate earnings, but before we do, consider this. For the last however many decades, investors have generally turned to stocks for capital appreciation, and bonds for income. Has this dynamic reversed?

Michael Shedlock's picture

After having ridiculously and recently placed Trump’s odds of winning the nomination in the low single digits, then the teens, Nate Silver now assesses Trump’s odds of winning at 50%. Every step of the way, Silver underestimated...

Tom McClellan's picture

There is an indicator known as TICK, which measures the difference between the number of stocks going up at any moment versus those going down. In effect, it is like a momentary Advance-Decline difference. It also has an interesting use as a sentiment indicator.

Michael Shedlock's picture

In a Surprise Move, Japan joined the negative interest rate club on January 29. The Bank of Japan expected the move would force consumers to spend some of their money. Amusingly, the only sales surge is for safes, a place where the interest...

Jeffrey D Saut's picture

Come with me, and Mr. Peabody, in the “Wabac Machine” (Wabac) to a place from a time long ago and galaxy far, far away. It was during the Great Depression in this country (1929 – 1939) when Lawsonomy was proposed by Alfred Lawson.

Ben Hunt PhD's picture

For the past six plus years, ever since the Fed launched QE1 in March 2009, we have lived in an era I’ve described as the Golden Age of the Central Banker, where the dominant explanation for why market events occur as they do has been...