War in Ukraine Intensifies – EU Threatens Russia, Greece Pivots to Russia
The EU and the US have already imposed sanctions on Russia and slapped asset freezes and travel bans on Russian individuals and businesses. NATO says...
Category : Editor’s Picks
China Manufacturing Flat-Lining In Slight Contraction
Flash China Manufacturing PMI at 49.8 in January (49.6 in December). Two-month high. Flash China Manufacturing Output Index at 50.1 in January (49.9 in December)....
This Underestimated Indicator is a Powerful S&P 500 Forecasting Tools
Gaps often mark temporary trend changes, but more often they represent ‘unfinished business.’ They are a blank or void on the chart and for whatever...
Are Momentum Stocks Losing Momentum?
Never mind how the U.S. stock market is posting modest year-to-date losses close to 2%. Momentum stocks are up and so is risk taking. A...
Short-term S&P 500 Forecast
My January 4 article included a longer-term S&P 500 forecast. You may view the longer-term forecast here (it even includes one recent update): Initial 2015...
Economists Still Upbeat: Retail Sales Drop Seen as “Blip”
By the time economists see the next recession it may be half-over. Heck, it might even be over (it's happened before). Through thick and thin...
Trade Deficit declines in November to $39.0 Billion
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was...
New Year’s VIX Hangover Explained
Here is one of the biggest trading anomalies on Wall Street: Since 1970, the S&P 500 delivered a year-end rally 76.1% of the time, but...
Initial 2015 S&P 500 Forecast
The S&P 500 is starting 2015 off with a thud, down 3% in two days. One exotic indicator featured in the December 21 Profit Radar...
China’s Zombie Factories Provide Illusion of Work and Prosperity; Rebalancing Chinese Style
China has zombie malls and even zombie cities, so zombie factories can hardly be a surprise. And as the malinvestments pile up, and so do...