On Wednesday, we began to see a separation between what Chairman of the Fed Powell said on fighting inflation and the inflation indicators themselves. Food commodities, particularly grains, soared. Weather…
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Stock
The May Housing Starts and Permits released this past Tuesday was quite eye-popping, despite riding the back of a disappointing market drop in the Dow, S&P, and Nasdaq. How so?…
On June 12th, Goldman Sachs (GS) came out with this: Goldman Sachs has slashed its forecast for oil prices by nearly 10%, citing weak demand in China and a glut of supply…
In this episode of StockCharts TV’s Sector Spotlight, I take a look at Asset Class rotations, highlighting the current strength of US stocks in comparison to Bonds. In the Sector Rotation…
I’ve always been impressed by the strong correlation between the U.S. and German stock markets. Sometimes the strength in one of these markets can help to influence the direction of…
The Federal Reserve is still talking tough via its dot-plot, which forecasts two more interest rate increases before the end of 2023. But the markets are not agreeing. My money, for…
In what can be called a fairly buoyant week of trade, NIFTY went on to move towards its previous high point and closed at its lifetime high. The financials, though,…
Wow, things have changed. I looked at some charts that I had produced a year ago and looked at those same charts today. You’d never know it was the same…
Focusing on the Economic Modern Family, the weekly charts will help us see who is doing what, why, and perhaps help us understand for how long. Granddad and Grandma Russell…
The weight of the evidence remains strong for stocks, but this is not a bull market that lifts all boats. It is a relatively selective bull market led by technology,…