Tag Archives: Divergence

Nonfarm Payrolls & Employment Data Diverging

Posted on May 7, 2019 by macromon

Summary Last Friday’s nonfarm payrolls exceeded expectations with the first four months now averaging 205k jobs created, right on the monthly average since October 2011  The employment data is moving the other way, however, falling 103 in April and has … Continue reading →

Posted in Employment, Uncategorized | Tagged , , | 11 Comments

There They Go Again: Dow Transports/Industrials Divergence

Posted on November 6, 2017 by macromon

The Dow Transports are selling off as the Industrials are making new highs.  That’s a no no in Dow Theory.   We pointed out a similar divergence on August 1st. Not as relevant as it used to be,  but something … Continue reading →

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The Divergence to Keep on Your Radar

Posted on January 21, 2011 by macromon

Just looking at the the Dow, which was up 0.72 percent,  it wasn’t a bad week.   Look again! Mr. Market inflicted some heavy pain this shortened trading week and we’re feeling some of it.  We’ll discuss  in more detail … Continue reading →

Posted in Equities | Tagged , , , | 3 Comments