Analyzing The U.S. Economy

The US Economy Is Doing Great The US economy is strong and the major indicators gauging its health are trending higher. Fig. 1 shows that the five major economic indicators – Total Nonfarm Payrolls, Industrial Production, Retail Sales, Disposal Personal Income and the Per Capita GDP – indexed to just before the start of 2001 recession are…

How The S&P 500 Fared During The Last Shutdown Talks?

The last U.S. government shutdown happened in October 2013. Then the federal government shutdown lasted for sixteen days from October 1st to October 17th. Here is the time line for it. The U.S. House of Representative was controlled by Republicans, the Senate by Democrats and Obama was president. The point of contention was Affordable Care Act (ACA) or the…

S&P 500 Nearing The Upper Limit of Regression Channel

The 65 Thousand Feet View Last Update on Tuesday January 2, 2018 The S&P 500 is marching, with nary a worry, to the beats of technical patterns. It is approaching the upper limit of a regression channel (78 months and 0.5 standard deviation) on monthly chart (see Fig. C). From February to September 2017, the index  moved up along the linear…

Market Persists With Upward Bias

U.S. Major Indices The week of September 18, 2017 was mostly a positive week for the U.S. equity markets. NASDAQ Composite declined but other major indices advanced. Four S&P 500 sectors – Energy, Materials, Industrials and Finance – also advanced. S&P 500 and Dow Jones Industrial Average have been up for six months and had…