Dynamics between orders, inventories and C&I loans

posted in: Credit, Economy | 0

Orders for non-defense capital goods ex-aircraft – proxy for business capital expenditures – continue to lose momentum.  Year-over-year growth dipped in the negative territory for the first time since January 2014.  One month does not a trend make, but there … Continued

Bids show up on SMH on support, asks likely will show up on resistance

posted in: Economy, Equities, Technicals | 0

Semi rout after months of decline in orders for business capX proxy From INTC to TSM to SNDK, semi heavyweights pointing out biz slowdown SMH shorts stand no chance until longs are bothered by worsening earnings scene It is not … Continued