August 27th, 2018
GLOBAL MACRO MONITOR
US Trade in Goods Balance Total Census Basis SA
Merchant Wholesalers Inventories Total Monthly % Change
Retail Inventories Seasonally Adjusted Month over Month change
S&P CoreLogic Case-Shiller 20-City Composite City Home Price SA Index MOM%
S&P CoreLogic Case-Shiller 20-City Composite City Home Price NSA Index YOY%
S&P CoreLogic Case-Shiller 20-City Composite Home Price NSA Index
S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index
S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index YOY%
Richmond Manufacturing Survey Current Manufacturing Composite SA
Conference Board Consumer Confidence SA 1985=100
Conference Board Consumer Confidence Present Situation SA 1985=100
Conference Board Consumer Confidence Expectations SA 1985=100
Watching both the Conference Board Consumer Confidence and Richmond Fed Manufacturing Surveys reach their 2 std level and 1.5 std, respecilvely.
Euro Stoxx 50 still looks good and I remain long. – H.F.T
EEM Emerging Markets ETF back over the 50 day and is improving. I remain long.-H.F.T
India Nifty Fifty Index on day 10 of 13 with upside Sequential Countdown. –H.F.T
Nikkei bullish sentiment is at 68%. –H.F.T
Nikkei is on day 11 of 13 with Sequential Countdown and believe upside is limited here. –H.F.T
FXI Hong Kong China ETF.
SPX bullish sentiment is at 73%. – H.F.T
SPX daily should have the green Setup 9 tomorrow too. – H.F.T
S&P 100 same story. –H.F.T
SPY vs TLT ratio is nearing another top. –H.F.T
Nasdaq bullish sentiment is at 74%. –H.F.T
NDX Index had upside exhaustion on Friday. –H.F.T
Nasdaq 100 Futures has the upside exhaustion today. –H.F.T
IWM Russell 2000 upside exhaustion was from Thursday. –H.F.T
XLB Materials Select Sector SPDR
US Dollar bullish sentiment is at 66% and down from the 96% peak recently when I said that the USD would come back down. –H.F.T
Euro bullish sentiment is at 47% and is nearing 50% again. –H.F.T
British Pound bullish sentiment is at 30% and at the high end of the lower range. –H.F.T
Chinese Yuan gained last night.
Gold bullish sentiment is at 38% and this is up from 6% just a couple weeks ago. Now price needs to catch up to sentiment. –H.F.T
Gold 100 oz. Futures Dec’18 (Z)
CBOT Wheat Futures Dec’18 (Z)
CME Soybean Futures November ’18 (X)
CME Corn Futures December ’18 (Z)
CL1 (generic 1st ‘CL’ Future’ ) WTI
CO1 (generic 1st ‘CL’ Future’ ) Brent
Bond bullish sentiment is at 76% and nearing recent highs. –H.F.T
US 10-Year Yield
..hasn’t broken yet to the downside and believe this still is possible.
US 2s10s Spread
US 5s30s Spread
Financial Select SPDR Fund
HYG iShares iBoxx High Yield Corporate Bond ETF
LQD iShares iBoxx Investment Grade Corporate Bond ETF
CBOE SPX Volatility Index
CBOE SKEW INDEX
Merrill Lynch Option Volatility Estimate MOVE INDEX
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