The Labor Department reported that the unemployment rate in the U.S. hit its highest level since March of 1983, rising from 9.8 percent in September to 10.2 percent in October, as nonfarm payrolls saw a net decline of 190,000.During the early 1980s recessions, the jobless rate peaked at 10.8... Continue Reading
Submitted ByBill Luby
As far as I can tell, I have not yet posted about the use of Bollinger bands in conjunction a rate of change (ROC) indicator to identify volatility breakouts. In summarizing the action in the VIX over the course of the past two weeks, the chart below captures some of the drama in terms of 10%...
Submitted ByTim Price
“Alternative 1: on average there is more than one ownership claim on each gold bar conforming to London Good Delivery.. Essentially, the market operates on a fractional reserve basis.. If it is true, the next phase in the gold bull...
Submitted ByJim Picerno
Today's update on October's employment status is neither surprising nor encouraging. The U.S. economy is still bleeding jobs, but that's hardly shocking at this point. It's been clear for some time now that the risk of a jobless recovery is...
Submitted ByTim Iacono
The Labor Department reported that the unemployment rate in the U.S. hit its highest level since March of 1983, rising from 9.8 percent in September to 10.2 percent in October, as nonfarm payrolls saw a net decline of 190,000.During the early 1980s recessions, the jobless rate peaked at 10.8...
Submitted ByPrieur du Plessis
Long-term bond indicators have just reversed course for the first time since a buy signal was given at the beginning of 2007 and now indicate a primary sell signal. Read on...
Submitted ByPrieur du Plessis
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. Please also add the links to any other worthwhile articles you would like to share to the comments section...
Submitted ByTim Iacono
After posting its ninth consecutive quarterly loss - some $19 billion that, somehow, doesn't seem like all that much money any more - ward of the state Fannie Mae is now seeking another $15 billion in federal aid in order to square its books (for the next three months).The bad news is that things...
Submitted ByCorey Rosenbloom
I've been showing different posts on the dominant Andrews Pitchfork tool on the S&P 500, and I wanted to update the chart to show the recent price bounce off the mid-point line which was rather interesting. Let's take a look...
Submitted ByTim Iacono
It's probably fair to say that they're making a much bigger deal about "quantitative easing" (better known as "money printing") in the U.K. than in the U.S. and for good reason. As a percent of GDP, the amount of money "created out of thin air" in an effort to aid the economy is comparable,...