Russell 2000 On Verge Of Golden Cross, Even As Ratio Of Nasdaq 100 To Russell 2000 At Potential Reversal

posted in: Credit, Economy, Equities, Technicals | 0

The Russell 2000 continues to attract offers at 1900. Amidst this, a golden cross is near completion. Plus, a ratio between the Nasdaq 100 and the Russell 2000 is potentially nearing reversal, raising the odds that the latter begins to … Continued

Revised 2Q14 GDP numbers once again revive hopes of capX revival

posted in: Credit, Economy | 0

The revised 2Q14 GDP numbers last week have rekindled hopes of a corporate capital spending revival in the U.S.  It was the second estimate (preliminary), so there is one more revision to go.  Nevertheless, several inputs related to corporate spending … Continued

Despite big yawn from bond market, job openings point to continued improvement in non-farm payroll

posted in: Credit, Economy | 0

What is going on in the jobs market the past several months is reviving hopes that better days are ahead. There is a lot we can point to in order to validate how anemic the recovery has been post-Great Recession.  … Continued