The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of…
Continue ReadingIs Financial Love Over?
The banks have been rallying since August. Who expected the banks to make this massive run? Well, a hoard of…
Continue ReadingBLS: CPI increased 0.6% in May, Core CPI increased 0.7%
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in May on a seasonally…
Continue ReadingWeekly Initial Unemployment Claims decrease to 376,000
The DOL reported: In the week ending June 5, the advance figure for seasonally adjusted initial claims was 376,000, a…
Continue ReadingCoreLogic: 1.4 Million Homes with Negative Equity in Q1 2021
From CoreLogic: Nationwide Homeowner Equity Gains Hit $1.9 Trillion in Q1 2021, CoreLogic Reports CoreLogic® … today released the Homeowner…
Continue ReadingTop Stocks to Watch Today: Thursday, June 10
Yep, meme stocks are the top stocks to watch today, again… But it’s not just about GameStop Corp. (NYSE: GME)…
Continue ReadingThursday: CPI, Unemployment Claims, Q1 Flow of Funds
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a decrease…
Continue ReadingIs the Transportation Sector (IYT) Stifling a Major Market Breakout?
The S&P 500 (SPY) and the Small-caps Russell 2000 (IWM) linger near all-time highs. This looks like a great setup…
Continue ReadingJune 9th COVID-19 New Cases, Vaccinations, Hospitalizations
Congratulations to the residents of Massachusetts on joining the 80% club! Well done. Go for 90%!!! This data is from…
Continue ReadingThe Ord Oracle June 8, 2021
SPX Monitoring Purposes: Sold 6/1/21 SPX at 4202.04 gain 2.1%; Long 5/19/21 at 4115.68. Monitoring Purposes GOLD: Long GDX on…
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