For this channel, I am going to share some high-frequency data which is released weekly and try to do some market pre-play.

For market data analysis, I will focus on the following fields, and also attach the LINKs, feel free to search these data:

  1. The initial application for unemployment benefits and continuous application for unemployment benefits in the United States: Unemployment (Jobless)
  2. New York Fed’s Economic Activity Indicator (WEI): Weekly Economic Indicator.
  3. Red Book: Redbook Same-Store Sales Index
    1. Reflect on the situation in the US retail industry.
    2. Johnson Redbook Index Same-Store Sales Weekly YOY%.
    3. Department Stores YOY% Department Stores.
    4. Discount Stores YOY%.
    5. https://tradingeconomics.com/united-states/redbook-index
  4. Copper Stockpiles (LME on the London Futures Exchange, SHFE on the Shanghai Futures Exchange, COMEX on the New York Metal Exchange): Copper Stockpiles.
    • Copper is an important indicator of the fundamentals of economic activities, and the price of copper directly reflects the degree of activity in economic activities.
    • Futures take action before the fundamentals because futures are close to reality, and copper futures spot merchants run globally. As long as there is a drop in copper inventory, copper prices will rise immediately.
    • Copper inventories and copper prices are important data support for us to observe the activity level of the real economy. When copper prices fall, the stock market may fall along with it, because the market may reflect from copper demand that the market is not as good as expected, so the market will Make corresponding feedback.
    • Copper inventory of the three major exchanges + copper price
    • https://www.lme.com/en-GB/Metals/Non-ferrous/Copper#tabIndex=0 (LME)
    • http://www.copperenews.com/copper-warehouse-stocks.asp (LEM + CME)
    • http://www.shfe.com.cn/statements/dataview.html?paramid=weeklystock (SHFE)
    • [US copper price? WILL UPDATE LATER]
  5. Crude oil inventory and production
  6. Fed open market positions
    • (Asset price level is determined by the buyer) The stock price is generally determined by the buyer and the demand. When a disaster occurs, the number of buyers will drop sharply, which is called a liquidity crisis. The Fed enters the market as the world’s largest buyer (unlimited QE), thereby maintaining the stability of the financial market. Over time, when buyers gradually return, the Fed will slowly withdraw its “invisible hand” and let the market go on its own way.
    • https://fred.stlouisfed.org/series/WALCL
    • https://www.newyorkfed.org/markets/soma/sysopen_accholdings (Total SOMA Holdings) (Notes/Bonds) (Agency Mortgage-Backed Securities)