Are we due for a recession? It has been 66 months since the last recession ended (as I write this in December 2014). Not too many people felt that the recession was over back in June 2009, but that’s what the business cycle experts determined. Does the length of this expansion tell us that we’re due for…
Here is an advance preview of the monthly moving averages I track after the close of the last business day of the month. All three S&P 500 strategies are now signaling “invested” — unchanged from last month. Two of the five of the Ivy Portfolio ETFs, the Vanguard FTSE All-World ex-US ETF (VEU) and the…
Written by Doug Short and Steven Hansen The Conference Board Consumer Confidence Index improved after its sharp decline last month. The market expected this index to come in at 89.3 to 98.0 (consensus 93.0) versus the 92.6 reported. This index still remains in territory associated with past recessions. Note that this data is considered preliminary, and the cutoff…
EUR/USD Signal Update Yesterday’s signals were not triggered and expired. The price did reach 1.2166 but passed the level without bearish price action. Today’s EUR/USD Signals Risk 0.75% Trades may only be started between 8am and 5pm London time. Short Trade 2 Short entry after bearish price action on the H1 time frame immediately following the…
With Steel output down 3.4% YoY (worst in over 2 years) and Cement output down 4% YoY (worst in 7 years) it should not be entirely surprising that the Final December HSBC Manufacturing PMI for China slumped to a contraction-implied 49.6 (a small blip up from the 49.5 preliminary print) and down from 50.0 in the previous…
In Japan things are getting real. The Japanese economy has been confronted with deflation for decades and while the current Prime Minister, Shinzo Abe, made a big bet on quantitative easing he is failing to make a difference for the people of Japan. ‘Kamikaze Abe’ probably thought that attacking would be the best defense and…
by Tara Clarke, Money Morning “What’s that stench? It’s fantastic.” Only the Grinch could love the dreadful customer service, sexist CEOs, and concealed safety issues that were served up by the most-hated companies of 2014. Here’s a list of five firms that “stink, stank, stunk” this year… 5 Most-Hated Companies of 2014 No. 1: American Apparel Inc….
Proponents of the single-payer healthcare idea who tout the idea such a system will save money need only look at Vermont to see reality. Vermont Governor Peter Shumlin, a single-payer advocate, threw the single-payer idea on the ash heap of history admitting what any sensible person knew from the onset: The plan would cost…
Tredagar Corp. (TG) has been trading strongly for the last few months, recently jumping back to its 52-week high on another strong quarter. With estimates on the rise and a bullish growth projection, this Zacks #1 Rank stock is a hot pick for momentum. Company Description Tredagar Corp., through its subsidiaries, manufactures and sells plastic films…
