First two-day vacation this weekend in – well – a while, which fortunately kept me off the blogs. Apologies for the last post. The SP 500’s August return is the best August return since 1984 (per CNBC, and per Ryan … Continued
Apple’s weekly chart sits above: Apple’s monthly chart sits below: Source: Worden Gold, TC200 Version 7 The charts are somewhat eerily reminiscent of the parabolic moves in Microsoft, Intel, Cisco and many other large-cap tech stocks in the first … Continued
Here is the latest y/y growth estimates – by sector – for the SP 500 as published by IBES data by Refiniv as of Friday, August 21, 2020. Given the trend in “expected” growth since July 1, here are … Continued
First the weekly chart of the UUP: Curious as to how the UUP acted in 2016 and then before President Obama was re-elected in 2012, the UUP bottomed almost exactly 4 years ago, during the week of August 23rd, … Continued
The 2’s – 10’s Treasury note spread widened out to 57 basis points this week, the widest spread since (wait for it) June 5th’s 69 bp’s. The week of June 5th, 2020, the 2 – 10’s spread jumped 20 basis … Continued