Chart Analysis
Hiring Plans Positive for U.S. Jobless, Stocks: Chart
Hiring Plans Positive for U.S. Jobless, Stocks: Chart Companies are showing enough confidence to pave the way for falling unemployment and rising stock prices, according to Tobias Levkovich, Citigroup Inc.’s chief U.S. equity strategist. The CHART features an indicator he used to draw the conclusion in a March 30 report: an index of small-business hiring [...]
S&P 500 Dividend Index Approaches Record High: Chart
S&P 500 Dividend Index Approaches Record High: Chart As some equity investors keep nursing losses from the subprime-mortgage crisis, a version of the Standard & Poor’s 500 Index that factors in dividends has surged to within 0.7 percent of a record. The CHART OF THE DAY shows the S&P 500 Total Return Index closed last [...]
Earnings Optimism Signals Higher Stock Prices: Chart
Earnings Optimism Signals Higher Stock Prices: Chart Optimism about the prospects for corporate profits has become widespread enough to lift stocks worldwide, according to Robert Buckland, Citigroup Inc.’s chief global equity strategist. The CHART shows the four-week moving average of Citigroup’s earnings-estimate revision index, compiled weekly, along with the MSCI All-Country World Index, an indicator [...]
Bernanke Views Labor Market as ‘Half Empty’: Chart
Bernanke Views Labor Market as ‘Half Empty’: Chart The recovery from the worst recession since the 1930’s has failed to trim a surge in long- term unemployment, one reason why Federal Reserve Chairman Ben S. Bernanke said today he is less than impressed with the recent improvement in the job market. The CHART shows 43 [...]
China Aluminum Smelters Undo Alcoa, Rio Cuts: Chart
China Aluminum Smelters Undo Alcoa, Rio Cuts: Chart Output cuts by aluminum companies such as Alcoa, the third-biggest producer, amid tumbling prices will fail to end a world supply glut as their efforts are undone by record levels of Chinese smelting, Citigroup Inc. said. The CHART shows average daily Chinese production of aluminum reached a [...]
Natural-Gas ETN Risk Resembles Fallen VIX Note: Chart
Natural-Gas ETN Risk Resembles Fallen VIX Note: Chart An exchange-traded note tied to natural-gas prices is vulnerable to the kind of losses that occurred last week in an ETN tracking U.S. stock volatility. The CHART compares the percentage gap between market prices and asset values for the notes. The natural-gas ETN is part of Barclays [...]
Smaller Wall St. Bonuses Mean Cheaper Condos: Chart
Smaller Wall St. Bonuses Mean Cheaper Condos: Chart Smaller bonus checks across Wall Street indicate New York City luxury real-estate prices may be on the way down. The CHART shows the relationship between average Wall Street annual bonuses, lagged two years, and the average price for luxury condos and co-ops in New York City, based [...]
Caterpillar Outlook Signals ‘Boom’ for Copper: Chart
Caterpillar Outlook Signals ‘Boom’ for Copper: Chart An improving outlook for Caterpillar Inc., the world’s biggest maker of trucks, shovels and other machinery used in metals exploration, signals that copper will extend its rally after jumping 10 percent this year. The CHART shows analysts have been raising share-price forecasts for Peoria, Illinois-based Caterpillar, a company [...]
Economic Failure to Satisfy Hurts U.S. Stocks _ Chart
Economic Failure to Satisfy Hurts U.S. Stocks _ Chart Enough disappointments are coming out of economic reports to signal that share prices are poised to fall, according to Tobias Levkovich, Citigroup Inc.’s chief U.S. equity strategist. The CHART displays the Citigroup Economic Surprise Index, based on comparisons between the past three months of data and [...]
Eurodollar Spreads Widen as 2014 Fed Bets Wane_ Chart
Eurodollar Spreads Widen as 2014 Fed Bets Wane_ Chart Futures traders are scaling back bets the Federal Reserve will carry out its pledge to lock rates at virtually zero through 2014 after Fed Chairman Ben S. Bernanke dimmed expectations of more monetary stimulus. The CHART OF THE DAY shows the spread between the implied yield [...]
