| time (et) | report | period | ACTUAL | forecast | previous |
|---|---|---|---|---|---|
| MONDAY, MAY 2 | |||||
| 10 am | ISM | April | 51.4% | 51.8% | |
| 10 am | Construction spending | March | 0.7% | -0.5% | |
| TUESDAY, MAY 3 | |||||
| TBA | Motor vehicle sales | April | 17.5 mln | 16.5 mln | |
| WEDNESDAY, MAY 4 | |||||
| 8:15 am | ADP employment | April | -- | 200,000 | |
| 8:30 am | Trade deficit | March | -$40.3 bln | -$47.1 bln | |
| 8:30 am | Productivity | Q1 | -1.0% | -2.2% | |
| 8:30 am | Unit labor costs | Q1 | 3.5% | 3.3% | |
| 10 am | ISM nonmanufacturing | April | 54.5% | 54.5% | |
| 10 am | Factory orders | March | 0.6% | -1.7% | |
| THURSDAY, MAY 5 | |||||
| 8:30 am | Weekly jobless claims | 4/30 | 265,000 | 257,000 | |
| FRIDAY, MAY 6 | |||||
| 8:30 am | Nonfarm payrolls | April | 200,000 | 215,000 | |
| 8:30 am | Unemployment rate | April | 4.9% | 5.0% | |
| 8:30 am | Average hourly earnings | April | 0.3% | 0.3% | |
| 3 pm | Consumer credit | March | -- | $17 bln | |
Monday, May 2, 2016
US Weekly Economic Calendar
Friday, April 29, 2016
Gold Miners Bullish Percent Index: A Warning Sign for Gold Stocks
It's time for a pause in the gold-stock rally.
The Market Vectors Gold Miners Fund (GDX) is up 77% since bottoming
in January. It has been a straight move higher – practically vertical.
And by the end of the year, gold stocks are likely to be even higher than where they are today.
But in the short term, we may have a problem. You see, one of my
favorite gold-stock timing indicators just triggered a sell signal...
Thursday, April 28, 2016
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