Nouriel Roubini is among the numerous analysts who have been calling gold a bubble in recent weeks (I too am in this camp though I became cautious on the yellow [ … ]
Category: Chart Of The Day
(Just Charts)
LET’S GET TECHNICAL: MARKET STRENGTH IS NOT BROAD
The technical outlook from Decision Point: On Wednesday two of the sector indexes we track slipped from buy signals to neutral status. All other equity indexes and sectors tracked in [ … ]
CHART OF THE DAY: THE JOBS/EQUITY MARKET CORRELATION
Just how important are jobs to the equity markets? If I didn’t know any better I’d think this chart was the S&P 500. As you can see, the inverse chart [ … ]
SENTIMENT REMAINS LITTLE CHANGED ON THE WEEK
Sentiment readings are little changed over the last week as the AAII’s percentage of bullish investors ticked higher just slightly to a reading of 43. Sentiment has been little changed [ … ]
CHART OF THE DAY: IS THIS LEADING INDICATOR POINTING SOUTH?
Thanks to our friends over at Zero Hedge for the fantastic presentation by Albert Edwards on the “next leg down” in the bear market (highly recommended reading for those that [ … ]
CHART OF THE DAY: DATAMINING A FEW MARKET CRASHES
I’m generally not a big fan of picking a few recessions out of a hat in order to compare them to the current recession (particularly considering the de-levering nature of [ … ]
LUMBER PRODUCTION SET TO INCREASE IN 2010
The recent surge in lumber prices might be one of the brighest signs for the economic recovery. On the back of the housing meltdown and the ensuing credit crisis investors [ … ]
LET’S GET TECHNICAL – EXPECTING AN UPSIDE BREAKOUT
The following is the the technical take on the market from Decision Point: On Thanksgiving Day Dubai announced that it would be delaying loan payments by six months. This resulted [ … ]
RAIL TRAFFIC STILL NEGATIVE DESPITE VERY EASY COMPS
Rail traffic continues to decline despite very easy year over year comps. In a sure sign of tepid recovery, we continue to see improvement off the lows, but a still [ … ]