Author Archives: chip

Job’s Report Reversal or not?

You decide! Today’s jobs announcement as reported by the Establishment Survey (CES) suggests a stark slowdown in new hiring compared to the average trend. Conversely, the Household Survey (CPS) seems to argue a continuum of the job growth story. Unquestionably, … Continue reading

Posted in Uncategorized | Leave a comment

Retail sales declined significantly in December. Is recession looming?

Retail sales fell -1.2% last month, the worst December of the economic expansion, online sales declined by -3.9%. CNBC, MarketWatch, Reuters, WSJ, NYT, and forecasters inferred and inked grim warnings about the contraction in consumer spending. I decided to take … Continue reading

Posted in Uncategorized | Leave a comment

Are Stocks Overvalued?

https://www.equities.com/news/will-stocks-sink-from-here?fbclid=IwAR2Cd9fY6VaKhe1Osc7ldZm3tdtE35uo8cbMaCmhyByBAiS6h96W3g-VRLM

Posted in Uncategorized | Leave a comment

#PositiveNews Initial unemployment claims fell to 199,000, or 0.06% of the total U.S population.

#PositiveNews Initial unemployment claims fell to 199,000, or 0.06% of the total U.S population. This is the lowest percentage of people applying for unemployment insurance in the report’s 52-year history. Simply, more Americans are working hard versus hardly working.

Posted in Uncategorized | Leave a comment

Forward P/E ratios and subsequent 10-year returns

#Investors — Here is an interesting scatter plot chart posted on Daily Shot. They say a picture is worth a 1000 words or dollars, that certainly is the case in this graph, issued by JP Morgan.

Posted in Uncategorized | Leave a comment

19% in ’19, Is the ’09 Bull Run Done?

“Is the 2009 Bull Run Done?” https://www.equities.com/n…/19-in-19-is-the-09-bull-run-done History of the ’09 Bull Market The secular bull market officially began on March 9, 2009, at 676.53 for the Standard & Poor’s 500 (SP500), the low point close of the horrendous ’08-’09 … Continue reading

Posted in Uncategorized | Leave a comment

The Employment Situation is Heating Up!

Job expansion! ADP’s National Employment Report shows private workforce gains of 271,000 in December, the most substantial increase for the year. Great to see America working! https://bit.ly/2QnWz4B

Posted in Uncategorized | Leave a comment

Today’s +1000 point upside move for the #DJIA ranks #1.

Warren Buffett says, “When the merchandise on Wall Street goes on sale it is the shoppers that run away.” It looks like price-conscious buyers, i.e. smart money began nibbling on stocks once again.

Posted in Uncategorized | Leave a comment

Powell’s POW! “State of the selloff.”

Powell’s POW!    https://www.equities.com/news/powells-pow

Posted in Uncategorized | Leave a comment

Will Santa show in 2018?

The stock market may be shifting into an appropriate time to hang our stock certificates for Santa to still show. Since 1950, the last two weeks of the year have been quite generous to stockholders. No one is certain if … Continue reading

Posted in Uncategorized | Leave a comment