Charting Stocks

According to todays ISM release, the US Manufacturing sector dropped again in February while the employment sentiment fell to its lowest reading ever.  This is the 13th straight month of manufacturing declines.
The Institute for Supply Management’ s (ISM) monthly purchasing managers’ index (PMI) registered a reading of 35.8% in February. Readings under 50% are consistent [...]

The Standard & Poor’s/Case-Shiller home price index reports that the price of single family homes dropped 18.5% in December versus the same time the previous year.
The declines are accelerating. The Case-Shiller  index of 20 metropolitan areas fell 2.5 percent in the month of December alone, compared with a 2.3 percent decline in the previous period.
Since [...]

While reading through TechCrunch.com I came across an interesting site which has compiled data regarding the employment climate (It ain’t pretty). The graph below is courtesy of Indeed.com. The site has tracked the amount of job openings in January 2009 versus the same time last year. Most job openings are off between 40-50% while the [...]

The yield on the 10 year treasury sunk to a 50 year low this week. It’s important to pay attention to moves in the treasury yield. If investors are panicked, they are more concerned with safety and less concerned with returns. Because price and yield are inversely related, when demand increases and the price for [...]