The recent mixed rail data continued today with a weekly decline in carloads and a rise in intermodal volumes.  Carloads were off 5% year over year while intermodal was up …

Bullish sentiment rebounded as bearish sentiment pulled back from unusually high levels in the latest AAII Sentiment Survey.

The current market correction should not come as a surprise to any one. There has been consistent and substantial evidence that the rally that began last October was unsustainable. We discussed the coming correction beginning in March (see here, here,here and here ). The question now is becoming whether the current correction is over or is there more to come?

Once again we would like to commend the ISI Group for their extensive work on China. Their latest analysis is showing a correction in the residential housing sector (based on ISI’s proprietary index).

We’re continuing to see some mixed signals out of the weekly rail traffic data.  The bad news is carloads continue to fall.  This week they were down -5.2%.  The good …

Bullish sentiment is near a two-year low in the latest AAII Sentiment Survey, while bearish sentiment has spiked by 17.5 percentage points over the past two weeks.

Goldman Sachs has developed an indicator that I’ve previously discussed here.  It’s essentially an attempt to create a better real-time indication of global economic growth than the global PMI’s and …

The monthly data on industrial production and capacity utilization always tells us a lot about the economy.   The most important takeaway from this morning’s report is that there are …

No big changes in the rail trends this week.  Growth is still modest in intermodal with the 10 week moving average at 3.7%.   Not bad, but not great.  Overall …

Bearish sentiment rose to a seven-month high, while bullish sentiment fell to an eight-month low in the latest AAII Sentiment Survey.