From Bloomberg: Companies in the U.S. are slowing the pace of inventory reductions after a “dramatic” drawdown, setting the stage for a surge in stockpiles that will strengthen economic growth [ … ]
Category: Chart Of The Day
(Just Charts)
TODAY’S NOTABLE MARKET ACTION – ARE THE BEARS BACK IN CONTROL?
Lots of wild action across markets today:
SHILLER’S PE RATIO SIGNALS STOCKS ARE OVERVALUED
The list of notable investors claiming the market is substantially overvalued is growing. In addition to the reports from Comstock, Andrew Smithers & Jeremy Grantham, David Rosenberg is now pointing [ … ]
THE EXPECTATION RATIO SURGES TO A NEW 2 YEAR HIGH
The expectation ratio has surged to a new two year high in what is an obvious sign of corporate earnings strength. Of course, as we all know by now, there [ … ]
TRANSPORTS CONFIRM THE ECONOMY IS WEAK
Nothing has been more confounding during this equity rally than the weakness in the underlying fundamentals of the transports. Without fail, the data from the transports has been an excellent [ … ]
LONG-TERM MEAN REVERSION: SHORT HOUSING, LONG STOCKS?
If you’re a firm believer in mean reversion a long-term look at today’s chart of the day would lead to two simple conclusions: Short Real Estate Long Equities What are [ … ]
LET’S GET TECHNICAL: EXPECTING MORE DECLINES
From Decision Point: The stock market continues to frustrate those who are expecting a decent correction, and I am among that impatient throng. It is possible that the correction has [ … ]
BEST PERFORMING ASSETS ON A 10 YEAR TIMEFRAME?
Today’s chart of the day: the best performing assets on a 10 year timeframe? Precious metals by a WIDE margin. Cullen RocheMr. Roche is the Founder and Chief Investment Officer [ … ]
RAIL DATA STILL SHOWING SIGNS OF MEAGER RECOVERY
The latest rail traffic trends are continuing to show signs of stability and a very modest economic recovery. Intermodal rail traffic was down 12.6% versus the same period last year. [ … ]