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Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West. Sales of existing homes — including single-family houses, townhouses, … Read more
via forbes All nine global major averages have negative weekly charts with weekly closes below their five-week modified moving averages and with declining 12x3x3 weekly slow stochastic readings. The Dow … Read more
via Kimble This chart looks at the New York Stock Exchange Index (NYSE) over the past couple of years. Since the election in the fall of 2016, the index has spent the … Read more
In the last 45 years, there have been seven periods of persistent US dollar and Treasury bond weakness and as BofAML notes, during six of those periods, stocks have been pressured … Read more