October 19, 2022, 1:29 pm EDT Housing Bubbles Housing bubbles are ready to burst according to the performance of homebuilder stocks (XHB). If XHB falls below $54 and $52, it will make a new low for 2...
October 12, 2022, 10:55 am EDT What Is the Inflation Condition? “What is the Inflation Condition?” The answer is bad. According to the Producer Price Index reported today, its 0.4% for September which...
June 14, 2022, 1:43 pm EDT Hammered on both Offensive and Defensive Sectors It is unusual to see the stock market hammers both offensive and defensive sectors. Offensive sectors and industries are mos...
May 12, 2022, 2:31 pm EDT Unusual Times, Unusual Actions Unusual times will bring unusual actions. This is how the stock markets reacted to 40-year high inflation data both from consumer-level (CPI: 8...
Record High Producer Price Index Following yesterday’s consumer price index, today’s wholesale data or Producer Price Index (PPI) reached another record high of 11.2% year-over-year increa...
December 14, 2021, 9:20 am EST 11 Years High of Producer Price Index November PPI reached +9.6% level which made another 11 years high according to the US Bureau of labor statistics. “The Producer Pr...