This Week On Wall Street

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Strike Eagle

Strike Eagle

From Strategypage.com:  An F-15E Strike Eagle assigned to the 492nd Fighter Squadron flies over RAF Lakenheath, England, Aug. 17, 2018. The squadron sent F-15E Strike Eagles to support Typhoon Warrior, the Royal Air Force’s premier air combat training exercise. (U.S....

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The Lumber Crash

The Lumber Crash

A lesson in 'risk happens fast': Lumber will finish the month of August down 38% from its May high.  At the May peak it was up 45% for the year.  Now? 0ff 9% for the year.  Hat top Charlie Bilello  ...

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Pepsi’s Pullback Reaches Major Support

Pepsi’s Pullback Reaches Major Support

  Back in early July Pepsi exploded to the upside following an impressive second quarter earnings report:  https://twitter.com/GarySMorrow/status/1016695465805516800. PEP reached a new rally high as August began after stretching its post earnings surge to nearly 10%. ...

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Never Been Lower

Never Been Lower

Jobless claims, as a percentage of the Labor Force, have never been lower(data begins in 1967): \ For old times sake, Paul Krugman, Nobel Prize Winning Economist, the day after Donald Trump is elected President:  "So we are very probably looking at a global recession,...

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