Category Archives: Other Topics

U.S. consumer prices above forecast in January

U.S. consumer prices above forecast in January.

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent
in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics
reported today. Over the last 12 months, the all items index rose 2.1 percent
before seasonal adjustment.

https://www.bls.gov/news.release/cpi.nr0.htm

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“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

VIX surges today

VIX surges today

VIX Daily Chart

______________________________

“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

Yearly growth in Canada’s economy has averaged 3.5% in 2017

Yearly growth in Canada's economy has averaged 3.5% in 2017.

https://www.bloomberg.com/news/articles/2017-11-16/canadians-give-trudeau-little-credit-for-boom-amid-deficit-fears

______________________________

“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

Shiller PE Ratio for the S&P 500 at the higher end of the scale

Shiller PE Ration long-term chart

Current Shiller PE Ratio: 31.42 +0.03 (0.09%)
4:02 pm EDT, Tue Oct 31
Mean: 16.80
Median: 16.14
Min: 4.78 (Dec 1920)
Max: 44.19 (Dec 1999)
Shiller PE ratio for the S&P 500.

http://www.multpl.com/

______________________________

“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

U.S. unemployment rate at 4.30%

The current unemployment rate of 4.30% is below the 2007 low of 4.40%. Theoretically, there should be wage inflation at this “low” unemployment rate. But the year over year wage increase is a relatively benign 2.5%. Why would the Fed be in a rush to raise rates?

Chart showing the U.S. unemployment rate.

http://www.investopedia.com/terms/v/vix.asp

______________________________

“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

Volatility Index (VIX) at an extreme low of 9.36

Is this the calm before the storm?

VIX at extreme low.

http://www.investopedia.com/terms/v/vix.asp

______________________________

“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

Intermediate downtrend for West Texas Intermediate

West Texas Intermediate is testing major support in the $42 to $43 price zone. There is a high probability this support zone will not hold which would put a test of the $40 price zone in play. If you need another negative, the 50-day moving average has crossed below the 200-day moving average: the old death cross.

Intermediate downtrend for WTI.

Reference my last chart analysis for WTI posted on May 4, 2017.

______________________________

“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca