13 Feb 2015

XLY, RTH break out — will consumers splurge gas windfall?

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

Retail sales soft in Jan – first back-to-back m/m drop since mid-12 Consumers not quite ready to do away with savings from low gas price XLY, RTH break out, betting consumers will end up spending gas windfall U.S. retail sales … Continued

6 Feb 2015

U.S. consumer sentiment high but consumers salting away gas savings

by | posted in: Credit, Economy | 0

U.S. consumer confidence has surged since July 2014 Decent inverse correlation between gas price and consumer sentiment No correlation between personal consumption expenditures and consumer sentiment Consumer confidence is soaring in the U.S.  Since July 2014, the Thomson Reuters/University of … Continued