06|18|2024

Calm Before the Calm??? | June 14, 2024

Markets climbed nicely this last week. Is this the calm before the storm? Monday                       S&P 500 0.26%| NASDAQ 0.35% It was a rather muted start to the week. There was...

06|17|2024

Leading Indicator Watch | June 14, 2024

Consumer Goods & Materials: Core CPI (Consumer Price Index) (inflation excluding food and energy costs), which measures the change in consumer prices, increased .2%, which was lower than expected...

06|11|2024

Fed Speculation | June 7, 2024

Last week was all about Fed speculation. This week the Fed will tell us how right those speculations were. Monday                        S&P 500 0.11%| NASDAQ 0.56% Manufacturing data showed unexpected weakness....

06|10|2024

Leading Indicator Watch | June 7, 2024

Unemployment: Nonfarm Payrolls (May) forecast was estimated at 182k, but actual numbers came in at 272k. The Federal Reserve bank meets this week, and this data will likely impact...

06|04|2024

Foreshadowing Things to Come? | May 31, 2024

It was an important week. While rates rose early, they ended the week lower. Were they foreshadowing things to come? Monday                             S&P 500 -%| NASDAQ -% Happy Memorial Day!...

06|03|2024

Leading Indicator Watch | May 31, 2024

The money supply, including time deposits, rose $26B to $20.867T (Apr) which reflects cash accumulating in money market funds with their attractive yields. Money supply is running 73.8% of...

05|28|2024

Leading Indicator Watch | May 24, 2024

Michigan Consumer Sentiment confirmed it has weakened markedly following a robust 1st Quarter 2024 with the gauge dropping to 69.1 (May) from 77.2 (Apr).  Be sure to check out...

05|21|2024

Heavy Markets | May 17, 2024

Markets saw heavy moves because of inflation data. What could carry the markets in the coming weeks? Monday                      S&P 500 0.02% | NASDAQ 0.29% There were no earnings reports or...

05|20|2024

Leading Indicator Watch | May 17, 2024

Retail Sales (MoM)(Apr) came in flat, which was lower than forecasts of an increase of .4%. The data indicates a slowing in consumer spending. Credit card balances outstanding (Q1...

05|14|2024

End Result | May 10, 2024

The end result of the week was green, but was there reason for it and does it tell us anything for this week? Monday                       S&P 500 1.03% | NASDAQ...