Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a decrease…
Continue ReadingWhen Value Turns Into Momentum?
Last year was the worst one on record for value stocks. It’s no wonder that one of the questions that…
Continue ReadingThe Importance of the 50-Day Moving Average
On Tuesday, we talked about a reversal chat pattern in the Nasdaq 100 (QQQ) that was created from the price…
Continue ReadingFebruary 24 COVID-19 Test Results and Vaccinations
SPECIAL NOTE: The Covid Tracking Project will end daily updates on March 7th. From Bloomberg on vaccinations as of Feb…
Continue ReadingReddit Went Down, Meme Stocks Are Flying
One Wednesday afternoon, Reddit’s entire website went down. It came back up less than one hour after the market closed.…
Continue ReadingMatthew Monaco Milestone Alert: My Latest Millionaire Student!*
I’ve got another Matthew Monaco milestone to report … He’s now officially a millionaire! As of February 18, 2021, his…
Continue ReadingAIA: “Architecture Billings continue to contract” in January
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architectural billings…
Continue ReadingTop Biotech Penny Stocks to Watch — February 24, 2021
Are there still biotech penny stocks to watch? Absolutely! But there’s been a noticeable shift in the markets recently. It’s…
Continue ReadingBlack Knight: National Mortgage Delinquency Rate Decreased in January
Note: Loans in forbearance are counted as delinquent in this survey, but those loans are not reported as delinquent to…
Continue ReadingA few Comments on January New Home Sales
New home sales for January were reported at 923,000 on a seasonally adjusted annual rate basis (SAAR). Sales for the…
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