Written by Jim Welsh
Macro Tides Technical Review 29 August 2016
The big news from last week was not Janet Yellen's speech at Jackson Hole. The big news is that the S&P experienced a daily trading range larger than 1% on Friday for the first since July 11, or after 34 days of not doing so.
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Written by Sig Silber
The big question this week is what will happen to 99L (upgraded Sunday to TD9), But it may turn out that 91L which has been upgraded to TD 8 may turn out to be at least as significant but for the Mid Atlantic not the Florida West Coast. And then there are the Pacific hurricanes that threaten Hawaii. For new readers, L is for low pressure system and TD stands for tropical depression. Numbers designate the sequence.
Infographic Of The Day: Health Benefits Of Mustard
It's strange to think that one of the most overlooked healthy ingredients is also one of the most common.
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29Aug2016 Market Close: Major US Indexes Closed In The Green, But Fell Off Session Highs Along With The US Dollar
by Lee Adler, Wall Street Examiner
Good guy Sam Ro, now at Yahoo, tweeted out a chart by Bank of America Merrill Lynch (BAML) this morning showing that low wage job gains have outpaced gains in high wage jobs.I happen to keep charts on wage growth by industry, so I know a little about the subject. I had my usual calm and measured response.
Buy When There's Blood In The Streets - Part 2 Of Not The Best Time In History To Invest In Real Est
Written by Gary
Wall Street snapped a three-day losing streak today (SPY +0.5%) as financial stocks rose after Fed Chair Janet Yellen said the case for an interest rate hike had strengthened. Short-term indicators are mildly bullish after the US dollar dropped from session highs. Crude prices remained at the 47 handle and gold fell fractionally.
29Aug2016 Market Update: Wall Street Continues To Melt Upward From Opening, US Dollar Now Falling, G
29Aug2016 Pre-Market Commentary: US Futures Point To A Fractionally Higher Opening (For Now), Gold A
Average gasoline prices rose 4.2 cents this past week following the previous week's 4.3 cents gain.