CHART OF THE DAY: Fade #Noise → Look At ISM Manufacturing

12/02/21 07:59AM EST

Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. 

Before you give up on me as The Judge of The Process (giving myself new fancy titles because I’m so big time, eh) that we built here, allow me to entertain you with some non-Omi-crap-clickbait ROC numbers that landed in our weekly & monthly Quads yesterday:

A) WEEKLY: US Mortgage Applications were up another +5% week-over-week to a fresh 9 month high
B) MONTHLY: ISM #accelerated to a 6-month high of 61.1 for the month of November
C) MONTHLY: ISM Prices Paid #slowed for the 1st time from their inflation Cycle peak in October

CHART OF THE DAY: Fade #Noise → Look At ISM Manufacturing - www1

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