The above chart is a weekly UUP chart, named as a “dollar bull” vehicle, for which the primary contract holdings are found in the link. Tied primarily to the euro and the yen, the UUP rallies when these two … Continued
The American Association of Individual Investors (AAII) puts out a weekly investor sentiment survey and this week the AAII investors that voted themselves as being bullish on the market, totaled a whopping 32%. Here is the summary data: AAII % … Continued
The above chart was provided by Gary Morrow, a solid technician who writes with a few other guys at “This Week on Wall Street” (http://thisweekonwallstreet.com/). The significance of the above chart will be addressed shortly. The 10-year Treasury yield … Continued
In last weekend’s post on SP 500 earnings, we looked at the weekly rate of change in the SP 500 2019 EPS estimate. Here is the same data looking at the year-over-year change in the 2019 SP 500 EPS estimate: … Continued
Looking at all the data this past week, the metric that jumped out was the 15 basis point climb in the 10-year Treasury yield from 2.85% to 3% even as CPI came in softer-than-expected. Thomson had Oracle reporting this past … Continued