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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (139556)3/1/2018 9:22:35 AM
From: bart13  Read Replies (1) | Respond to of 218012
 
Gold also taking a hit this morning and invalidating the cup & handle bullish TA formation. A gold hit pre US unemployment numbers seems pretty consistent over time. It doesn't make much sense to me, but it's tradeable most of the time.

The latest from John Williams’ www.shadowstats.com

First-Quarter 2018 Real Merchandise Trade Deficit on Early Track for Worst Shortfall in Modern Reporting
– January 2018 New Orders for Durable Goods Tumbled Month-to-Month, Both Before and After Considering Inflation and Commercial Aircraft Orders
– New- and Existing-Home Sales Declined Month-to-Month and Year-to-Year, Holding Shy of Pre-Recession Peaks by 57.3% (-57.3%) and 26.0% (-26.0%)
– Freight Index Jumped Sharply Year-to-Year But Continued in Non-Expansion, Still Shy by 12.0% (-12.0%) of Recovering Its Pre-Recession High