Understanding that we are in a deflationary environment (see here) doesn’t necessarily mean you have to buy up canned goods, guns, gold bars and search out for a good bunker. [ … ]
Category: Chart Of The Day
(Just Charts)
IS THE STOCK MARKET 26% OVERVALUED?
The latest data from Robert Shiller’s 10 year PE ratio shows the market currently at a 20.64 multiple. In his morning note, David Rosenberg noted that this is 26% higher [ … ]
SMALL SPECULATORS REMAIN VERY BEARISH
Short sellers haven’t been able to catch a break in this market. While institutions continue to allocate capital to equities (see here), small speculators continue to bet against the market. [ … ]
CHART OF THE DAY: A LONG-TERM PERSPECTIVE
Today’s Chart of the Day comes to us courtesy of chartoftheday.com. Taking the long-term perspective, you just have to wonder if the market isn’t in the same process it was [ … ]
RAIL DATA IMPROVES
Rail traffic was mixed this week as the Chinese New Year skewed some of the data according to the AAR. Carloads fell 1.6% year over year and were down 15.3% [ … ]
CHART OF THE DAY: ARE HOME PRICES FALLING AGAIN?
In this morning’s note to clients David Rosenberg points out that home prices are beginning to roll over again, despite what the mainstream media reports. The weakness in today’s new [ … ]
CHART OF THE DAY: CHINA GETS LEFT OUT OF THE RALLY
China’s Shanghai Composite has served as a relatively reliable leading indicator over the course of the last 3 years. As we all know, China has quickly become the engine of [ … ]
CHART OF THE DAY: US INSIDERS AREN’T THE ONLY ONES DUMPING SHARES
Interesting data this morning from RAB Capital showing that U.S. insiders aren’t the only ones who remain heavy net sellers of their own shares. Today’s chart of the day shows [ … ]
CHART OF THE DAY: THE HUGE EARNINGS REBOUND
With fourth-quarter earnings largely in the books (over 79% of S&P 500 companies have reported for Q4 2009), today’s chart provides some long-term perspective to the current earnings environment by focusing on 12-month, as reported S&P 500 earnings.