Tuesday, May 31, 2016
US Weekly Economic Calendar
| time (et) | report | period | ACTUAL | forecast | previous |
|---|---|---|---|---|---|
| MONDAY, MAY 30 | |||||
|
None scheduled Memorial Day |
|||||
| TUESDAY, MAY 31 | |||||
| 8:30 am | Personal income | April | 0.4% | 0.4% | |
| 8:30 am | Consumer spending | April | 0.7% | 0.1% | |
| 8:30 am | Core inflation | April | 0.2% | 0.1% | |
| 9 am | Case-Shiller home prices | March | -- | 0.7% | |
| 10 am | Consumer confidence | May | 96.7 | 94.2 | |
| WEDNESDAY, JUNE 1 | |||||
| 9:45 am | Markit PMI | May | -- | 50.5 | |
| 10 am | ISM manufacturing | May | 50.3% | 50.8% | |
| 10 am | Construction spending | April | 0.6% | 0.3% | |
| TBA | Motor vehicle sales | May | 17.4 mln | 17.3 mln | |
| THURSDAY, JUNE 2 | |||||
| 8:15 am | ADP employment | May | 153,000 | 156,000 | |
| 8:30 am | Weekly jobless claims | May 28 | 270,000 | 268,000 | |
| FRIDAY, JUNE 3 | |||||
| 8:30 am | Nonfarm payrolls | May | 155,000 | 160,000 | |
| 8:30 am | Unemployment rate | May | 5.0% | 5.0% | |
| 8:30 am | Average hourly earnings | May | 0.2% | 0.3% | |
| 8:30 am | Trade deficit | April | -$41.0 bln | -$40.4 bln | |
| 10 am | ISM nonmanufacturing | May | 55.5% | 55.7% | |
| 10 am | Factory orders | April | 1.9% | 1.5% | |
Friday, May 27, 2016
Thursday, May 26, 2016
Wednesday, May 25, 2016
David Gurwitz of Nenner Research – Cycles Not Looking Good for World Share Markets
from Financial Survival Network
David Gurwitz
director of the famed Nenner Research Company came on to discuss where
cycles are heading. Long term stocks don’t look good for 2017 to 2020.
For now they’re choppy. Most markets seems to be trading now in a
sideways pattern. Gold and silver are looking good in the future.
Currencies again are relatively tame at the present time, but expect
more volatility in the near future.
Click Here to Listen to the Audio
David Gurwitz
director of the famed Nenner Research Company came on to discuss where
cycles are heading. Long term stocks don’t look good for 2017 to 2020.
For now they’re choppy. Most markets seems to be trading now in a
sideways pattern. Gold and silver are looking good in the future.
Currencies again are relatively tame at the present time, but expect
more volatility in the near future.Click Here to Listen to the Audio
Tuesday, May 24, 2016
Monday, May 23, 2016
US Weekly Economic Calendar
| time (et) | report | period | ACTUAL | forecast | previous |
|---|---|---|---|---|---|
| MONDAY, MAY 23 | |||||
| 9:45 am | Markit PMI flash | May | -- | 50.8 | |
| TUESDAY, MAY 24 | |||||
| 10 am | New home sales | April | 525,000 | 511,000 | |
| 11 am | Household debt | 1Q | |||
| WEDNESDAY, MAY 25 | |||||
| 8;30 am | Advance trade in goods | April | -$59.6 bln | -$56.9 bln | |
| THURSDAY, MAY 26 | |||||
| 8:30 am | Weekly jobless claims | May 21 | 275,000 | 278,000 | |
| 8:30 am | Durable goods orders | April | 0.3% | 0.8% | |
| 10 am | Pending home sales | April | 1.0% | 1.4% | |
| FRIDAY, MAY 27 | |||||
| 8:30 am | GDP revision | 1Q | 0.9% | 0.5% | |
| 10 am | Consumer sentiment | May | 95.0 | 95.8 | |
Friday, May 20, 2016
Thursday, May 19, 2016
Wednesday, May 18, 2016
Time to Get Bearish on Stocks?
Currently, a ‘sharp fall’ is now anticipated within the equity
markets! This decline will be accompanied with ‘new volatility’. There
is a great deal of ‘uncertainty ‘within the U.S. markets.
Currently, we are viewing a ‘textbook’ ‘head and shoulders pattern’ in the SPX and is going to be a big inflection point we look back on months from now.
There are less and less stocks that are participating in the recent move upwards which suggest a technical breakdown is likely to happen.
The ‘cycles’ of the SPX have recently confirmed that we have now witnessed the ‘highs’. The ‘top’ is currently in place and I expect that the ‘negative trend’ will continue to persist.
The ‘smart money’ has been exiting the equity markets during the last
few weeks with strong waves of selling volume taking place on a
consistent basis.
Yesterday morning, Monday, May 16th, 2016, I alerted my subscribers to two new positions to enter into so as to take advantage of during this next significant market move and change in volatility.
Consequently, consumers have already started to slow down in their spending. They will change their past behavior, and, as a result, will begin to save (whatever funds that they may still have) as stocks start to fall in value along with the average investors retirement accounts. The present day spending behavior will come to a grinding halt in due time!
Before “The Great Credit Crisis of 2007 -2008”, the ‘smart money’ exited the equity markets in November of 2006. And it appears that the NDX-100 and the Russel 2000 are leading the ‘charge’ downward once again for the pending market correction.
We are, once again, repeating this same technical pattern, now!
Concluding Thoughts:
In short, the first chart I showed in this article paints a very clear picture of where stock prices are headed – Lower.
Large cap stocks over the past year have been making lower lows and lower highs. The most novice of traders knows what that means… It means, we are in a down trend.
There are many ways to take advantage of what is about to unfold next and subscribes and I are already in position for the first big and quick trade, but there are many more just around the corner!
Currently, we are viewing a ‘textbook’ ‘head and shoulders pattern’ in the SPX and is going to be a big inflection point we look back on months from now.
There are less and less stocks that are participating in the recent move upwards which suggest a technical breakdown is likely to happen.
The ‘cycles’ of the SPX have recently confirmed that we have now witnessed the ‘highs’. The ‘top’ is currently in place and I expect that the ‘negative trend’ will continue to persist.
Yesterday morning, Monday, May 16th, 2016, I alerted my subscribers to two new positions to enter into so as to take advantage of during this next significant market move and change in volatility.
Consequently, consumers have already started to slow down in their spending. They will change their past behavior, and, as a result, will begin to save (whatever funds that they may still have) as stocks start to fall in value along with the average investors retirement accounts. The present day spending behavior will come to a grinding halt in due time!
Before “The Great Credit Crisis of 2007 -2008”, the ‘smart money’ exited the equity markets in November of 2006. And it appears that the NDX-100 and the Russel 2000 are leading the ‘charge’ downward once again for the pending market correction.
We are, once again, repeating this same technical pattern, now!
Concluding Thoughts:
In short, the first chart I showed in this article paints a very clear picture of where stock prices are headed – Lower.
Large cap stocks over the past year have been making lower lows and lower highs. The most novice of traders knows what that means… It means, we are in a down trend.
There are many ways to take advantage of what is about to unfold next and subscribes and I are already in position for the first big and quick trade, but there are many more just around the corner!
