Chart of the Week

Consumer loans, including credit cards and other revolving plans have surged to nearly $1 trillion. The average interest rate on that debt is over 24% What possibly could go wrong? To learn more about how these indicators can help manage risk in your portfolio, book a call with Brad. DISCLOSURE: LAMENSDORF MARKET TIMING REPORT Lamensdorf…

The Philly Fed Manufacturing Index is in free-fall. The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the Index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district….

A significant bearish divergence is forming. It’s time to tighten stops and add to hedges. As the chart below illustrates, the McClellan Oscillator has put in a bearish divergence. The oscillator measures market breadth. Breadth has started to deteriorate despite the indexes pushing higher. Recent divergences have foretold painful downward pressure in stock indexes and…

The chart below, courtesy of GaveKal Research highlights the dramatic contraction in bank credit and loan availability that has occurred in recent months. Their commentary also succinctly summarizes the current situation… To learn more about how these indicators can help manage risk in your portfolio, book a call with Brad. You may book a call here….

Market sentiment has shifted dramatically over the past month. As the chart below shows, The CNN Fear & Greed Index has surged from 23 (extreme fear) to 70 (greed) in just a month. The trend could continue and reach a level of extreme greed. However, given the pace of the shift in market sentiment, now…