The prior month came in at
Moving higherIn their own words: The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.4 percent on November 17, up from 3.2 percent on November 15. The forecast of real GDP growth increased 0.3 percentage points to 3.5 percent after yesterday’s industrial production release from the Federal […]
Sets the line in the sand for Brexit talks We need to see more progress from the UK to move Brexit talks forward need more progress on Ireland a financial settlement made very clear to Britain’s May progress needs to happen at beginning of December The words speak for themselves.
Nasdaq trading around unchanged. S&P a little lower. Dow a little more lower.The US major stock indices are trading lower/mixed The NASDAQ is trading up about -2 points or +0.04% the S&P indexes trading down -3 points or -0.12% the Dow industrial average is faring the worst down around -70 points or -0.30% A look […]
Falls below triple bottom.The NZDUSD fell below a triple bottom at the 0.6817 level today and the price ran lower. That break is real folks. What was a floor now becomes a ceiling. Stay below is more bearish. Having said that, there can be corrective moves and we are seeing one now. Those corrections will test […]
To receive James Stanley’s Analysis directly via email, please sign up here The U.S. Dollar remains in limbo, at least in the near-term, after the strength seen over the previous few weeks pulled back to a key level of support on Tuesday. Follow-thru price action on Wednesday and Thursday was unable to get back into […]
The Dollar index got rejected and reversed from our 95 target as expected. Price is in a bearish short-term trend making lower lows and lower highs. Price could soon start a bounce that could unfold into a bigger move as explained by our alternative wave scenarios yesterday. Blue lines — bearish channel The Dollar index […]