Categories

Archives

The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

Recent Posts

About

Subscribe to this blog's feed

January 2025

Sun Mon Tue Wed Thu Fri Sat
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

The View from Abroad

Columnists - Thoughtful Reading

Economic Sites and Blogs

Bought And Paid For

« Market Low Right on Time | Main | Crude nd Stock Prices Rally »

January 29, 2019

CAT NVDA Are Giving Early Warning Signs of a Market Peak

Tuesday Jan 29 2019

CAT and NVDA announce lower earnings, DJIA drops 208 points.

CAT

Screen Shot 2019-01-29 at 4.53.54 AM

 

NVDA

Screen Shot 2019-01-29 at 4.55.01 AM

CAT is an industrial bell weather and NVDA is the same for semi onductor chip makers. Both toppe with the overall market Oct 3 and ave been in downtrends sine.

A9 and 13% drop yesterday is probably signalling bad news for the markets.  I m expecting a top in most indexes this week.

Transports

The Transports are a more sensitive index to the economy than the Industrials. Take a look, what do you see?

Screen Shot 2019-01-29 at 4.58.29 AM

Transports peaked  in late Sept before the Industrials. Now TRAN is failing at its shortest moving average, the 50 day. The other MAs are converging which is usually a pre cursor to a change in trend.

Posted at 06:01 AM in Stock Market |

Comments

The comments to this entry are closed.