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Sometimes a chart is all you need

Empire State Manufacturing

Submitted by Roanman on Sun, 09/19/2010 - 10:27


From EconomPicData with analysis from The Street.

EconomPicData operates a little like we do around here.

The difference being that we are a lot more random, Jake is primarily interested in ... well? ... economic data ... pics.



The New York Federal Reserve's key manufacturing index that measures activity in the New York region came up short Wednesday morning.

The Empire State Manufacturing Survey index dropped 3 points to 4.1 for early September, after rising 2 points for a reading of 7.1 in August.

Economists expected the index to decline to a reading of 6.4, according to, though any reading above zero indicates growth.



Stocks and the Economy

Submitted by Roanman on Fri, 09/10/2010 - 10:28

Business Insider Clusterstock also has a "Chart of the Day" which like the other "Chart of the Day that we post here from time to time also could be more accurately called 'The Chart of Whenever We See Fit To Send It To You".

Still, the charts I've received have been mostly worthwhile.

The chart below links up to a short little piece that tells you that growth in the price of stocks has little to do with growth within the economy.

Presently your Uncle Roany is more likely to subscribe to the Richard Russell school of thought.


"The major movements of the stock market are meaningful.

The stock market is made up of the hopes, worries, research and aspirations of millions of people in every sector of life.

As such, the stock market possesses a strange, almost eerie, ability to discount the future.

To put it another way, everybody knows more than any one person or any group of people."


 Notwithstanding the possibility of a change of mind if the damn thing doesn't start lining up a little more in accordance with my world view.


Cup and Handle

Submitted by Roanman on Thu, 09/02/2010 - 09:40


I skulk through Jesse's Cafe' Americain once or twice a week.

Sometimes his analysis is a little deeper than I am tall.

But I keep coming back probably, mostly because I almost always agree with him when I can figure out just what the hell he's talking about.

Among the most time honored chart patterns identified by technical analysts of stock and commodity pricing is the "cup and handle" pattern.

This Gold daily chart offers about as good an example of the "cup and handle" pattern as any you are likely to see.



Costs to the Government

Submitted by Roanman on Sun, 08/22/2010 - 08:31


From The Washington Post via Chart Porn.

An excellent interactive that demonstrates the differing consequences of allowing some or all of "The Bush Tax Cuts" to expire ....... or not.

What's really interesting to me are the headings within the interactive.


Let all cuts expire - Cost to Gov't: No cost

Obama's plan - Cost to Gov't: $3 trillion

Extend all cuts - Cost to Gov't: $3.7 trillion


If you just sit there and think about it even a little, shouldn't it read? 


Let all cuts expire - Cost to American Taxpayers - $3.7 trillion

Obama's plan - Cost to American Taxpayers - $700 Billion

Extend all cuts - Cost to American Taxpayers: No additional cost


Click on the chart below to link to the interactive. 




July 27, 2010

Submitted by Roanman on Tue, 07/27/2010 - 08:57


I'm back to my cheerful pursuit of monitoring The Bradley Model        and it's prognosticative powers as we approach the doom period of the summer of 2010.

If you remember from our previous discussions, Red is bad, Green is good, Purple isn't terrible, but it ain't all that helpful either.

The last of the good is abating this day.

We shall see.



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