Category Archives: Uncategorized

slope up is good.. 0.33 per week for 9 weeks…

Gasoline trend follows it …

Economy weakening…XLE slope down for first time since covid… TECK under more pressure…

First, units under construction in decline… Second, employee growth the lowest since covid and 2019… the last year… the last 10 years… Homebulding stock in bear market for 3 months now…NOW down YoY -2% AND apartments/condos down even more…

down this year again after 2023 and 2024 Margin debt near all time high…at least 50% more than 2007 peak… Exponential regression to trend puts S&P at 2100 but by end 2026 SPY 240.

gasoline prices were falling less fast on YoY basis…now reversing..

SPY slope…what is spy at by end of March? 4 wkma 2.33 per week…mar 31 …620 12 wkma 1.20 per week …..mar 31 607 Between two…613.3 or 4.7% or 1/2 the rate of last year (10.4%). IWM stalling…much weaker than … Continue reading →

teck, the leading coal producer, now shows future energy demand falling. -18% off high price in September. 12 week has crossed the 100 week. 100 week slope leveled. OEX now back to 12wkma…getting ready for next down move. Long term … Continue reading →