Friday, January 22, 2016

US Labor Department December Report

Post-Recession Unemployment has improved dramatically from a high of 10%, to the current 5.0%, with the US Economy adding 292K Jobs in December. Employment, as measured by Labor Participation, is down from a Recession high of 66.2%, to the current 62.6%, suggesting most of the improvement in Unemployment is the result of people leaving the Labor Force, but it is finally trending up in Q4:

Apple 5.2 Year Daily Technical Chart

2015 Was A Doldrum And Declining Year, Causing A 50 Day vs. 200 Day Death Cross in Aug-2015 And Retraced All Gains Since iPhone 6/+ Launch. 2016 Bright Spot Is The Patterned Run-Up In Months Proceeding New Integer iPhone Launches, Unless The High-End Smartphone S-Cycle Has Peaked. Fundamental Story Is Strong. One-Year Consensus Analysts Estimate Has Dropped To $142.67, From $148.88 On October 30, 2015: