Advertisements

NorthmanTrader

Markets – Macro – Stocks – Charts – Alerts – SetUps

Tag Archive for ‘GDP’

Quick Takes

In today’s Quick Takes: Tax Bill Update It’s almost as if they didn’t read it before they voted for it. Citigroup came out and warned of a $20B charge as a result of the bill, the CEO of one of the largest coal companies came out and said the tax bill would destroy his company and cost thousands of jobs, tax professionals reading the details are basically left to say “holy […]

Advertisements

Continue Reading →

Macro Charts

I post macro charts I find of interest to my public twitter feed when I can, but after a while these become hard to find, hence below please find an accumulation of recent charts in no particular order. I’ll leave the reader to draw their own conclusions based on the evolving data, suffice to say I don’t buy into the notion that these trends are consequence free. Delayed maybe, the […]

Continue Reading →

The Big Bad Bear Case

My aim with this article is to outline, with facts, large global structural issues that I believe everyone, bulls and bears alike, should be fully aware of. While some of this discussion may rattle the cage a bit you will hopefully find this article well researched and informative. Recently I’ve outlined why we switched our trading stance from buy mode (Door Shut) to sell mode (Inversion) on stocks. This week […]

Continue Reading →

The Unthinkable

I can’t project the future of the economy, nor do I pretend that I can. But there are some that do and they make it their profession. Some of these are economists, some of them are Fed governors. And I freely concede that projecting the economy is probably an imprecise science as it is highly complex and subject to unexpected influences. But I must confess I know of no profession where […]

Continue Reading →

The Day the Market Died

Markets made new highs on 0.1% retail sales and then went into cardiac arrest and completely flatlined. Yea I know this sounds bizarre but this is literally what happened. You saw me make fun of the $ES action yesterday which bounced and bounced and bounced off of the same level over and over as shown here on the $SPX below. Buyers are simply not stepping up to the plate and sellers lack […]

Continue Reading →