The economic calendar is modest with a focus on monetary policy. Minutes from the last FOMC meeting, Congressional testimony by Fed Chair Powell, more inflation data, and continuing discussion of Friday’s employment report all put the Fed in focus. In addition, President Trump has identified interest rates and Fed policy the “most important problem” facing […]
The payroll employment report is regarded as the most important economic news of the month. It is also the most misunderstood. To illustrate, please consider this chart. Does it represent a relatively straight line? More about that below, but first we need some background. Background Each month the Bureau of Labor Statistics makes an estimate […]
The Stock Exchange is all about trading. Each week, we do the following: Discuss an important issue for traders; Highlight several technical trading methods, including current ideas; Feature advice from top traders and writers; and Provide a few (minority) reactions from fundamental analysts. We also have some fun. We welcome comments, links and ideas to […]
The economic calendar is a big one, featuring the employment situation report on Friday. The rest of the data – ADP employment, auto sales, and the ISM surveys – will be released over 2 ½ days. The US Independence Day celebration on Thursday will provide one type of fireworks. And of course, we have Canada […]
The Stock Exchange is all about trading. Each week, we do the following: Discuss an important issue for traders; Highlight several technical trading methods, including current ideas; Feature advice from top traders and writers; and Provide a few (minority) reactions from fundamental analysts. We also have some fun. We welcome comments, links and ideas to […]