From the Census Bureau reported that overall construction spending decreased: Construction spending during March 2021 was estimated at a seasonally…
Continue ReadingISM® Manufacturing index Decreased to 60.7% in April
(Posted with permission). The ISM manufacturing index indicated expansion in March. The PMI® was at 60.7% in April, down from…
Continue ReadingTop Penny Stocks List Weekly Update: May 3, 2021
Penny stocks can move fast and be highly volatile. To be successful, you need to make a list of stocks…
Continue ReadingGoldman on Housing: Double-digit price gains in 2021 and 2022
A few brief excerpts from a Goldman Sachs research note on housing: Strong demand for housing looks sustainable. Even before…
Continue ReadingAt the Edge of Chaos: A Housing Stock Which Missed Revenue Expectations and Still Broke Out to New Highs
Stocks look a bit sluggish all of a sudden as rising COVID problems in India and hints that the Fed…
Continue ReadingThey Said What?
At the annual Berkshire Hathaway meeting, Warren Buffett was asked about Bitcoin. He dodged the question. His partner, Charlie Munger,…
Continue ReadingMonday: ISM Mfg, Construction Spending, Vehicle Sales and More
Weekend:• Schedule for Week of May 2, 2021 • Q1 2021 GDP Details on Residential and Commercial Real Estate Monday:•…
Continue ReadingQ1 2021 GDP Details on Residential and Commercial Real Estate
The BEA released the underlying details for the Q1 advance GDP report on Friday. The BEA reported that investment in…
Continue ReadingMay 1st COVID-19 Vaccinations, New Cases, Hospitalizations; Fewest Monthly Deaths Since March 2020
Note: I’m looking forward to not posting this daily! I’ve been posting this data daily for over a year, and…
Continue ReadingWeek Ahead: NIFTY Has A Challenging Phase To Navigate; RRG Points At Likely Relative Underperformance From These Sectors
In a week where the trading range remained wider than usual, the Indian equities took a serious cut on the…
Continue Reading