Daily Top Ten – February 3, 2017
Global Growth and Inflation Accelerating Before Any Trump Policies in Play.
1.Inflation…Global Citigroup Inflation Surprise Index is Highest in 5 Years.
Inflation across the world is beating analysts’ forecasts even before the potential effect from Donald Trump’s economic policies. The global Citi Inflation Surprise Index, which measures price surprises relative to market expectations, is at the highest in more than five years. The reading turned positive in December — meaning inflation data were higher than expected — for the first time since 2012.
Thanks to Dave Lutz at Jones for Chart.
Daily Top Ten – February 2, 2017
1.U.S. Dollar Falls Below 50day for the First Time Since October.
UUP Dollar Bull ETF Falls Below 50day.
Emerging Markets Rally After Dollar Fall
www.yahoofinance.com
Daily Top Ten – January 31, 2017
1.Longest Streak in 11 Years without a 1% Pullback
Days without a 1% pullback
There have been 75 sessions (including Monday) without a 1% drop in the S&P, which marks the longest such streak in about 11 years, according to Krinsky. A period of sideways trading tends to suggest that the market has pent up momentum. And if history is any gauge, momentum may be leaning toward a downturn, given the market’s tendencies in February.
http://www.marketwatch.com/story/a-big-stock-market-selloff-in-february-looks-increasingly-likely-2017-01-30
Daily Top Ten – January 30, 2017
1.NYSE Margin Debt Higher than 2007.
From Doug Short Blog
https://www.investing.com/analysis/margin-debt-and-the-stock-market-200161449