Hale Stewart's Opinion & Analysis
A complete archive of Hale Stewart's articles, including current analysis & opinion.
SummaryAre global markets getting ahead of themselves?
Suburban office parks are coming back.
There were some key trend breaks on the 30-day charts.
Are the global markets signaling an economic...
SummaryHomebuilders are feeling very confident.China is cutting rates.The upward trend continues.Homebuilders are feeling confident (emphasis added):
Builder confidence in the market for newly-built...
Technically Speaking For November 12Summary
Early indications are that corporate investment will be weak again in 4Q19.Walgreens may be going private.The markets are probably consolidating gains from...
Turning Points November 4-8Summary
Most indicators in most time frames are positive.There is modest softness in manufacturing related data.My recession probability in the next 6-12 months is 15%.The...
SummaryHong Kong problems are growing.UK GDP is weak.I look at the P&F and weekly charts to place recent price action into a longer-term perspective.The problems in Hong Kong continue (emphasis...
SummaryInternational data from Asia was a touch better this week, Brexit is still hurting the UK, and the EU continues to expand modestly.While US manufacturing is in a mild contraction, the service...
Technically Speaking For November 6The Dallas Fed president is less concerned about rates now that the yield curve is less inverted.More aggressive industries are leading the market higher.The markets...
Technically Speaking For November 4Summary
The latest ISM report shows a continues contraction in US manufacturing.Global manufacturing has been decreasing for six months.The charts are lining up in...
SummaryInternational manufacturing data is still soft.
The US expansion continues apace.The markets ended the week on a high note.Key International DataChina/Japan/Australia
China
Manufacturing PMI...
SummaryThe regional Federal Reserve Manufacturing Indexes are weak.The Conference Board's Leading and Coincidental indexes are soft.
The market is waiting for the Fed.Let's take a look at the...