by Michael Markowski | Jul 25, 2018 | alerts, archive, Crashes, Secular Bulls/Bears
Facebook shares plummeted by 23% in after-hours trading when the company reported its quarterly earnings and held its conference call after the market closed. The company’s revenue and active users came in below analyst estimates. The big miss is the catalyst that...
by Paul Lengemann, BullsnBears Economist | Jul 25, 2018 | alerts, archive, Markets/Economy
New single-family home sales in June declined 5.3% month to month vs. a 3.9% increase the month before. This is the lowest level since October 2017. The home sales numbers are in line with the general weakening in economic activity. The median selling price declined...
by Paul Lengemann, BullsnBears Economist | Jul 23, 2018 | alerts, archive, Markets/Economy
The US economy is showing more signs of softening. The latest signal was the housing market which posted its third monthly existing home sales decline. On a monthly basis home sales in June declined 0.6% after declining 0.4% in May. Home sales fell to $5.38 million...
by Michael Markowski | Jul 20, 2018 | $Yen Indicator, alerts, archive, Secular Bulls/Bears
The signal for the Bull & Bear Tracker has gone to RED. The signal had been GREEN since June 1, 2018. See my article “Two signal changes for Bull & Bear Tracker since May 23rd”. The signal switched from GREEN to RED due to the volatility of the US Dollar...
by Michael Markowski | Jul 20, 2018 | alerts, archive, Digital Economy, Digital Tax Impact
Its been a month since the United States Supreme Court ruled to allow US States and municipalities to collect sales taxes from products and services that are purchased from online sellers. Over the last 20 trading days the shares of Wal-Mart increased by 4.5%. From...
by Michael Markowski | Jul 19, 2018 | alerts, archive, Markets/Economy, Secular Bulls/Bears
The University of Michigan Consumer sentiment survey which has been published since 1960 is a great barometer that can be utilized to predict recessions, economic recoveries and also secular bull and bear markets. As depicted by the chart below the results from the...
