April US Existing Home Sales Soften; Price Nears 2006 Peak
April US Existing Home Sales soften M/M
Price Only Five Percent Away From July 2006 Peak
US existing home sales fall 3.3 percent to a seasonally...
Solar ETF (TAN) Falls 7.8% As Chinese Stock Hanergy Craters
A couple of weeks ago, I came across what I thought was a construction oddity in one of the popular solar ETFs and noted...
Buckle Up: Bond Market Phase Transition Will Be Volatile
Have you ever noticed how the pace of water flow seems to increase as it approaches a waterfall? If you watch a leaf floating...
20+ Year Treasury Bond (TLT): Nearing Price Support Target
I'm not going to spend any time on the debt bomb fuse (see this McKinsey study) or QE or Margin Debt or any other...
Evidence Mounting For A Widening Yield Curve
There has been a lot of debate around interest rates lately. Will they keep rising? Will they turn back lower? But amidst all the...
Dow Jones Transports: Is This Parabolic Move Topping?
The Dow Jones Transports are getting a lot of attention here, and rightly so. They are trading pretty heavy and have been a key ingredient to...
Are Unemployment Claims Nearing An Inflection Point?
The U.S. economy continues to churn out mixed messages.
The retail sales number on Wednesday was an outright dud. Sales in April were flat month-over-month,...
Bonds Continue To Sell Off, But Risk-Reward Getting Better
I devoted last week’s market commentary to explaining the incredible volatility that has been occurring in bond yields. I explained that volatility associated with trading...
S&P 500 ETF (SPY) Into Chart Resistance (10 Observations)
The S&P 500 ETF (SPY) has provided some opportunities for patience, disciplined traders, while it has punished momentum chasers. One reason has been its...
The April Jobs Report: Insights Into Wages And Productivity
U.S. wages stuck in the mud, more so for supervised employees than for supervisory.
ECI for private sector has been trending higher since 1Q14; is...
