Is the Whole Country Buying Teslas and Eating at Wingstop?
Wednesday morning brought some love to the US econonmy.
The January retail sales, rose 3% month/month vs. +2% estimated.
The breakdown fascinates.
With food inflation where it...
Janet Yellen Should Focus On HOPE
U.S. Treasury Secretary Janet Yellen recently stated: “You don’t have a recession when you have the lowest unemployment rate in 53 years.” Let’s HOPE she...
CPI Excludes Food: Have You Seen the ETF $DBA?
Maybe it’s just Valentine’s Day so the food and commodities market sees a push to chocolates, flowers, and fine dining.
And maybe not.
The CPI came...
Coffee Futures Price Breakout Targeting $198
Coffee futures prices have been consolidating after a big rally. But perhaps that consolidation is over and Coffee is ready to make new highs.
As...
Why 10-Year Bond Yield Is Ready to Make New Highs In 2023
Treasury bond yields (i.e. interest rates) have pulled back to start the year. However, we believe the pullback may have run its course and...
State of the Union Not-so-Subtle Implications for Financial Markets
This week’s State of the Union Address (SOTU) was filled with evidence of inflationary pressures that will keep inflation burning because…
Once ignited, inflation is...
U.S. Economy: Soft Landing or Recession This Year?
The stock market is betting on a Goldilocks scenario. Jerome Powell doesn’t foresee a recession, instead he forecasts a soft landing. Apollo is bettering...
Ulta Beauty Stock With Clean Breakout & Retest Pattern
While many retail and consumer discretionary stocks have been struggling, Ulta Beauty (ULTA) has been thriving.
And it started with a strong sideways base last...
US Dollar Strength: Does This Rally Have Legs?
The US Dollar Index (DXY) turned up from a MOB band target around the 101 area.
I am currently bullish the US Dollar and looking...
Facebook’s Massive Network Hits Milestone in Active Daily Users
Facebook surpassed 2 billion daily active users, a testament to the power of network effects.
As more people joined Facebook, the network became more valuable,...
