Intel Reversal
INTC appears to have tagged resistance last Wednesday, and today we’ve got a bearish engulfing pattern.
Silver: December Highs, Gold And Miners: December Lows
The GDXJ just tested its December lows, and gold moved close to its December lows as well. But not silver.
While Capital Spending Increased Sharply, Yet More Evidence Of Consumer Weakness
On a month over month basis, both light vehicle (sedans, SUVs, pickup trucks) increased, as did sales of heavy weight trucks.
China Just Did An End Run Around The U.S.
China’s trade surplus in goods has just surpassed $1tn in the first 11 months on its way to another record breaking performance.