August 10, I appeared on CNBC Asia to discuss Alibaba’s surprise beat on earnings and China’s weak economic data.
I began the segment reminding investors (and myself) that regardless of the news, opinions of analysts and the talking heads, price …
Many, in fact most retail investors that were surveyed, believe that the bonds have bottomed.
Bill Ackman came out last week extremely bearish.
Here’s the technical skinny.
Last week, TLT had a classic reversal bottom on very oversold conditions.
Although …
Continuing to look at the reset of the July 6-month calendar ranges in 4 of the Economic Economic Modern Family Sectors.
To remind you, the range is good until the next time it resets in January 2024.
Beginning with Transportation …
Summertime and the living should be easy.
Folks do tend to go away in August as the market tends to chop around on lower volume.
This August proves to be no exception thus far.
What is interesting though, is looking …
Hello Gaugers. Hope you had a good, productive, and peaceful week. It appears that the Markets are trying to digest the latest data, economic inputs, and newsworthy items. We want to take a look at a few of these and …
We finished a very heavy week filled with all kinds of data:
On August 1st as many cheered the rise in GDP, partly because consumer spending is 70% of the GDP, another agency did not cheer at all.
With Government Debt to the GDP ratio super high, coupled with high interest rates, …
As the market and economy cheer the rise in GDP, we can thank consumer spending: 70% of GDP, services (what consumer pay for in aid, help or information): 45% of GDP and government spending: about 19% of GDP.
Hence, one …
Headline over the weekend:
GM, Other Big Automakers Form EV Charging Joint Venture
Tesla is the dominant player in the EV space. And as such, and its supercharger network, several car companies have teamed up with Tesla for their charging …
Good day Gaugers. We all hope you are enjoying these warm summer months (in the US, maybe not where you are?). Perhaps your own profitability from the stock market is helping you to enjoy this positive period even more. We …