The weekly DJI (Dow Industrial Average) chart shows our Adaptive Predictive Learning (ADL) modeling system at work. In this example, we asked our ADL system what it believed would be the most likely outcome originating from July 23, 2018. The reason we selected this date is because this weekly price bar prompted the current upside…

WTI Crude Oil The WTI Crude Oil market exploded to the upside, slicing through the $75 level, a very psychologically important level. The fact that we broke above there so drastically during the day suggests that we are in fact ready to go much higher. Because of this, I think it’s clear that you can’t…

Quick post – been in Wellington for a couple of days, but back on deck now (before flying off to Singapore next week!). Anyway, here’s a chart I featured in a recent report on global bonds. It’s also one of the resident charts in the global-scan page of my weekly market chart pack….   TO THE…

According to Sentier Research, median household income in the United States rose to $62,685 in August 2018, a 0.4% increase over its July 2018 estimate of $62,450. The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through August 2018. The inflation-adjusted figures are presented in terms…

All eyes were on the Federal Reserve Bank last week. As expected, they confirmed a September Fed rate hike – the eighth since December 2015 . This 1/4 point increase brings the Fed Funds rate to 2-2.25%. Even after such a dramatic move higher from the zero-bound level, the rate is still very accommodating to…