The virus-recession and collapse in US equities caused a drop in the NAREIT index.The index reflects real estate investment trust valuation performance.The business cycle model was proven correct for a timely fall in the index.See the podcast for explanation and insight to the future trend of REITs.
Jobless claims continue to surge.The Feb job openings in the JOLT report turned lower but seems well behind reality.This podcast shows the JOLT number relative to the economy and business cycles.
1-5 day model forecast for the stock market.Investors continue to buy equities as the model anticipated.Jobless claims report was at a larger number than trade guesses and investors bought nevertheless.Fed talks of $2.3 trillion dollar economic support.
The stock and commodities markets watch the dollar.Dollar traders watch stock and commodities markets, plus interest rates and the economies.This podcast looks at long-term business cycle trends of the US Dollar Index.
Near-term model outlook offers some stability, but the more important of intrayear trends are intact.Traders watch financial markets, economies, virus impact. Technical factors continue to work.
The model has been correct since the low of the year for major indices for a rally into late Apr.Next? See the show.Investors are hopeful for a peak in the virus. They consider a chance for a fast-improving economy later this year.
The model's objectives worked last week for a near-term low. Amount of upside?See this show to learn of a coming top. How does the short-term swing fit within the larger and more important intrayear fluctuation of supply and demand of US wheat futures?
5 min
About Critical Point Podcast
From the publisher's feed
Did you know that standard fundamentals and economics explain only roughly 50% of price fluctuations? It’s more than what you see on TV.
The Critical Point podcast knows the other half of the story. Critical Point provides investors and businesses with model-based signals based on market and economy trends. These models, created by Richard Posson (CMT), explain nearly 100% of the market’s twists and turns.
The signals created by the models and reported by Richard Posson can be used for timely purchases, sales or hedges, as well as risk management of your stocks and commodities. With episodes released twice a week and on-the-fly alerts, you can know of price changes as soon as they happen!
Sign up for the Critical Point podcast and you’ll soon be riding the market waves with skill and ease.