What’s Behind The Rise in Bond Yields?On Wednesday, I joined the great Stuart Varney on Fox Business to discuss Bond Yields, Election, Fed, Outlook, Boeing, Misconceptions about the “Trump Trade”, …Read Full Post »
USDJPY made big, sharp and impulsive sell-off through summer. That was wave (A) that caused a bounce in last two months, for a rally in (B) which is now at …Read Full Post »
Image Source: S&P 500 Aggregate Estimates and Revisions 24Q3 Y/Y earnings are expected to be 4.3%. Excluding the energy sector, the Y/Y earnings estimate is 6.9%. Of the 159 companies in the S&P 500 that …Read Full Post »
U.S. Dollar / Japanese Yen (USDJPY) Day ChartUSDJPY Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Navy blue wave 1 POSITION: Gray wave 1 DIRECTION NEXT LOWER DEGREES: Navy blue wave 2 DETAILS: Navy blue wave 1 …Read Full Post »
After two weeks of being highly elevated YoY, initial claims returned to a more “normal” range this week, as except for Florida, hurricane disruptions largely disappeared.For the week initial claims …Read Full Post »