Investors Fear Both Price Pressures
0
August 03, 2015

8-3-2015 6-32-18 PM

The most apparent of the twin fears now is deflation.

Commodity prices continue their descent and www.amuamu.eu that’s what the headlines scream.

There it starts with oil prices and moves on from there.

A more curious effect is what’s happening with rental costs which are spiraling in money center American cities. There was an excellent article today posted by Zero Hedge, authored by Chares Hugh-Smith of Of Two Minds. One serious inflationary issue not addressed is the http://www.stel.it/buy-levitra-soft same reinforcing bubbles in tuition costs fed higher by student loans. These, one more apparent (deflation) while the other (inflation) is more hidden but both combine to render common government data useless.

Deflation’s impact was more dominant Monday driving stock markets lower. Heavyweight Apple (AAPL) was sharply lower, challenging important support levels. Much of help viagra price in canada this is due to economic weakness, including a boom/bust in stock markets there, reducing the demand for the company’s products.

Economic data included uninspiring manufacturing data with the ISM Mfg Index declining to 52.7 vs 53.7 expected & prior 53.5; PMI Manufacturer Index was flat at 53.8 vs 53.8 expected & prior 53.6; Personal Income was flat at 0.4% vs 0.3% expected & prior 0.4%; Personal Spending fell to 0.2% vs 0.3% expected % prior 0.4%.

Leading market sectors higher included: Volatility (VIX), Utilities (XLU), Germany (EWG), Natural Gas (UNG), REITs (IYR) and Bonds (TLT).

Leading market sectors lower included: Everything else.         

The top 20 market movers by percentage change in volume whether rising or falling is available daily.

Volume increased on selling while breadth per the WSJ was negative. Money Flow (below) was quite negative.

8-3-2015 6-36-53 PM Diary

 

Charts of the Day
  • SPY 5 MINUTE

    SPY  5  MINUTE

  • SPY DAILY

    SPY DAILY

  • SPX WEEKLY

    SPX WEEKLY

  • INDU DAILY

    INDU DAILY

  • INDU WEEKLY

    INDU WEEKLY

  • RUT WEEKLY

    RUT WEEKLY

  • NDX WEEKLY

    NDX WEEKLY

  • NYMO DAILY

    NYMO  DAILY

    The NYMO is a market breadth indicator that is based on the difference between the http://www.radiosirokibrijeg.com/overnight-viagra number of advancing and declining issues on the NYSE. When readings are +60/-60 markets are extended short-term.

  • NYSI DAILY

    NYSI DAILY

    The McClellan Summation Index is a long-term version of the McClellan Oscillator. It is a market breadth indicator, and interpretation is similar to that of the McClellan Oscillator, except that it is more suited to major trends. I believe readings of +1000/-1000 reveal markets as much extended.


     

  • VIX WEEKLY

    VIX WEEKLY

    The VIX is a widely used measure of market risk and is often referred to as the "investor fear gauge". Our own interpretation is highlighted in the chart above. The VIX measures the level of viagra uk chemist non prescription put option activity over a 30-day period. Greater buying of put options (protection) causes the index to rise.

 

 

Please forgive the short view Monday as this week we’re moving our office and so forth with movers and the like.

It’s not surprising TPTB don’t wish to discuss the important bubbles within the just try! U.S., it would embarrass them.

Let’s see what happens.

 

Sign up to become a premium member of the ETF Digest and receive more of our detailed charts with actionable alerts.

You can follow our pithy comments on twitter and like us on facebook.

...

Headshot David Fry xsmall

Dave Fry is founder and publisher of ETF Digest and has been covering U.S. and global ETFs since 2001. ETF Digest was named one of the most informative ETF websites in the 10th Annual Global ETF Awards.



Archives
Disclaimer

ETF Digest™
 

Disclaimer: The charts and comments are only the author's view of market activity and aren't recommendations to buy or sell only any security. Market sectors and related ETF's are selected based on his opinion as to their importance in providing the viewer a comprehensive summary of http://templesinaivt.org/canada-viagra-online market conditions for the featured period. Chart annotation's aren't predictive of any future market action rather they only demonstrate the author's opinion as to a range of possibilities going forward. More detailed information, including actionable alerts, are available to subscribers at www.etfdigest.com

 

ETF Digest

Market Summary
NYSE Composite Index S&P 500 Index Nasdaq Composite Index Russell 2000 Small Cap Index NYSE Composite Index S&P 500 Index Nasdaq Composite Index Russell 2000 Small Cap Index 10 Year Treasury Note Yield Gold Bugs Index Morgan Stanley High Tech 35 Index Market Chart
Commodity Quote Change Change % NY
Gold1,087.10-9.10-0.83 %17:15
WTI Crude Futr45.30-1.82-3.86 %17:14
Index Quotes Change Change % Local
CRB199.30-3.27-1.61 %17:28
US Dollar97.600.000.00 % 17:00
Index Quotes Change Change % Local
VIX12.560.443.63 % 16:14
MSCI Value Daily MTD YTD
Brazil1440.7070.85 %-12.29 %-21.37 %
Russia472.224-0.01 %-7.92 %16.62 %
India508.1621.24 %1.47 % 2.37 %
China66.2490.40 %-10.93 %0.32 %