Macro Indicators
Important Monthly Economic Data such as
- Puchasing Managers’ Index Germany, Southern Europe Italy, China and the US
- Consumer Data, such as retail sales, housing market, Building Permits, Container activities Inbound/Outbound
- In here there are 4 indicators +ve and two are -ve, so it got a score of 2
- Also the data are 52 week high and it shows when next release will take place
- Also see the Leading indicators and sentiment indicators
We only note the Shorter-term Economic Data, weekly data
All the fundamental indicators are showing green, which is quite rare, on Monday I can form a +ve bias
Check these graphs on a week by week basis
Sharp retracement on the Economic Surprise — US
Volatility absolutely on the floor
Copper Stands out
Industrial Staples stands out and Emerging markets clearly stands out
Semi Conductors / Tech stocks in the US
US Future traders are pretty bullish, except a blip in 2016
Consumer is confident, as is shown in clear trend
US Jobless claim is going down, except a certain volatility
Raw material like Iron ore demand is rounding, but freight demand such as Baltic Dry Index is rising
Sector analysis below shows, Health Care is cheaper compared to Staples
From above arrive with the idea generation Buy Healthcare ETF XLV and Sell ETF Staples XLP
Idea generation US Stocks vs rest of world MSCI Index which is cheaper
Idea generated to Sell S&P and buy MSCI
Here is what the market looked at the time
Fast forward and you will see that MSCI has outperformed the ever rising and still rising US 500 by 11.5%
Difficult to compile Indices, and if you rely on ETF , you could be thrown out by various weightings and methodologies applied
Cyclicals vs Defensive (Industrials vs Staples
Emerging Markets are outperforming the developed markets
