Microsoft is restoring its long term up trends after late August selloff
Recently the price bounced up from 10-year uptrend border, which is marked by the upper 1st standard deviation from 10-year mean @ 39.40.
If the upwards impulse continues, price will also restore its 5-year uptrend, by trading above its border, marked by the upper 1st standard deviation...
This steep market decline in the S&P500 requires a lot of attention! until there is clarity speculation about the depth of the correction will prevail.
The Good
La st week the U.S. economy showed good signs of job creation, CPI index at 0.1%, housing starts were strong.
The bad
The conference broad still expect moderate economic growth, building permits...
Part-time employment is also declining within its well defined trend since 2012, however it has still some progress to make before reaching pre-crisis levels.
In fact, it is the only systemic fallout left to be erased from the 2008-2009 crisis in the employment data.
Long term (27-WEEK AND OVER) unemployment is also well within the declining trend and it has almost reached pre- 2008/9 crisis level, confirming the positive data in unemployment and total payroll charts.
Current levels are also highs of previous recession, thus everything below current levels can be considered normal, if the data holds descending trend.
Total NFP confirm the positive developments in unemployment rate. The data trends firmly upwards since 2011 and has surpassed the pre-crisis peak of 2008.
In line with Total Capacity Utilization index, Manufacturing Capacity Utilization index which measures the share of manufacturing capacities of US companies employed in actual production, has also nearly restored its crisis losses.
However, the index has bounced down from the 78% mark in the recent readings, falling out of its ascending range.
It is too early...
In line with Industrial Production Index, us Manufacturing has been trending within its relevant ascending range since 2011 and has restored all the losses of the 2008-2009 financial crisis back in the beginning of 2014.
Thus overall the Industrial production in the US is developing at a good pace, in line with the lateral uptrend in S&P 500.
Looking at the Export and Import data of the last several years we can assume that the US is currently changing its course from consumption oriented to export oriented economy. The change will not be overnight and may take up to several decades, but eventually we can see the US trade deficit gradually erased!
On the export side, we can see that US has restored...
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...
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.
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...
