Monday: Happy But Gappy – Seers Sightings Midweek – Shrubbing

Most of Easter – except for the scrubbing part which we’ll get to – was spent in this week’s Peoplenomics report.  Which turned into a 46-page marvel of Depression research, how times have changed, and what “everything breaking at once” could look like. I’m exhausted. Since I promised to have shorter reports, let’s just hit the … Read More

ShopTalk Sunday: The Book

Ah, the glory of an  Easter Sunday, huh? I like getting a bit of down time. (Actually slept in until 4:46 AM!) Except, as you might expect, my idea of down time is a little rough around the edges. Mainly, it means a change from head work to thing work. The workaholism never changes – … Read More

What Happens After Spring Break?

This holiday Peoplenomics report begins with the new ChartPack and a simple but important point: market risk has shifted. The immediate focus is next week’s trading setup, but the larger question is even more important — what do the next six months, the next year, and even the next decade begin to look like if … Read More

Jobs – Up Somewhat

The Gospel of BLS hath been spoke: Both the unemployment rate, at 4.3 percent, and the number of unemployed people, at 7.2 million, changed little in March. These measures also changed little over the year. Among the major worker groups, the unemployment rate for people who are Asian (3.7 percent) decreased in March. The jobless … Read More

ShopTalk Friday: A Home Power Tool Shopping List

There will be a “quickie” post later on – when the job numbers roll this morning. But with the stock market closed – and tension building to the “Which Way Chicane” come Monday, I think it’s a dandy time to wander into dreamland. The place where we all go to make magic.  The shop. Because – … Read More

Jobs Data, Depression Prospects for China, Rally Continues

Markets may be smiling this morning, but under the hood the story is far from settled. A modest bump in private-sector jobs has futures pointing higher, yet the bigger question is whether this rally has legs—or is simply marking time ahead of more serious data later in the week. With key labor numbers still to … Read More

Housing Data

Just out from S&P: Year-Over-Year The S&P Cotality Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions,reported a 0.9% annual gain in January, down from a 1.1% rise in the previous month. The 10-City Composite saw an annualincrease of 1.7%, down from a 2.0% increase in the previous month. The 20-City … Read More

4-Day Trading Week, Dust Bowl II Delayed, Sniff Planting

There’s a reason why the experienced traders around here bailed out last week (early) or at the week’s lows (Friday). State variance extremes were close-by.  Have a look at the extreme right side of this chart.  You will see the early futures today were painting a possible bounce. Here’s what the tape is whispering today… There … Read More

ShopTalk Sunday: When the Numbers Lie

I remember it well.  Standing in the last field that was part of SGC up in Bellevue, Washington.  It was, gosh, about 1997, or so. We were demonstrating an HF SSB Manpack to some para-military customers.  I was showing off how a single operator with nothing more than a radio (like ours) on his back … Read More

End-Point Dependencies Loom

This weekend on Peoplenomics, we pull the camera back and ask a bigger question than “what happened Friday?” We ask what has to happen next for markets to turn. Inside the subscriber report and ChartPack: why the current decline still looks like a possible Wave 1 down why a (private) could still show up next … Read More

Traction vs. Terror, History Haunts Markets, and the Noah Problem

Breaking: BTC Bitcoin dropped to the vicinity of $66,600 overnight – a drop of more than $2,000 at one point.  Bitcoin drops to two-week low as $300 million in longs are liquidated has a summary. Traction vs. Terror Earlier features today had the markets trying to stabilize after a terrible drop again Thursday. By itself, … Read More