Housing market was hit the hardest back in the 2008-2009 US recession, which triggered by the burst of the mortgage backed securities bubble. Since then, US economy has restored her losses in most regards, if one is to look at the economic data. Housing market, however, started to recover only in 2012 and is yet to reach its pre-bubble performance. In line with...
Total Capacity Utilization index, which measures the share of industrial capacities of US companies employed in actual production, has also nearly restored its crisis losses. However, the index has bounced down from the 80% mark in the recent readings, falling out of its ascending range. It is too early to conclude if it is the end of recovery in the index....
Industrial Production Index has been trending within its relevant ascending range since 2011 and has restored all the losses of the 2008-2009 financial crisis back in mid-summer 2013. Thus overall the Industrial production in the US is developing at a good pace, in line with the lateral uptrend in S&P 500.
Housing market was hit the hardest back in the 2008-2009 US recession, which triggered by the burst of the mortgage backed securities bubble. Since then, US economy has restored her losses in most regards, if one is to look at the economic data. Housing market, however, started to recover only in 2012 and is yet to reach its pre-bubble performance. In line with...
Housing market was hit the hardest back in the 2008-2009 US recession, which triggered by the burst of the mortgage backed securities bubble. Since then, US economy has restored her losses in most regards, if one is to look at the economic data. Housing market, however, started to recover only in 2012 and is yet to reach its pre-bubble performance. It is...
nice flag pattern formed on usdchf. The longer it consolidates the bigger the breakout. usdchf has now recovered more than half of that massive drop we had couple weeks. my Prediction is we will get back up to the previous level where it was before because CHF is fundamentally weak.
The Economic recovery in the west is important especially with weakening demand in Europe and a fragile US recovery dependent on consumer spending and business confidence. Oil at $40 a barrel will be a welcome relief, even $30 a barrel is not unreasonable seeing in 2002 that was where Oil sat. Frankly $100 a barrel was too much.
Looks similar to last years "April" bubble yet more defined and less frantic due to higher liquidity and market cap. Every fib retracement takes twice the length. Notice the "flash crash" where longs get squeezed with a quick recovery triggering a massive "repositioning" to fuel the next bubble.
See update ⊜ at bottom after reading the description. When binned over 1-week intervals, we easily see the RSI (Relative Strength Index) fall dramatically, indeed nearly vertically, at the burst of each 'bubble', as expected when viewed in this way. I suggest that one should make a note of the first significant recovery segment after these drops —as indicated by...