The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 1.011 million.…
Continue ReadingWeekly Initial Unemployment Claims increased to 870,000
The DOL reported: In the week ending September 19, the advance figure for seasonally adjusted initial claims was 870,000, an…
Continue ReadingThursday: New Home Sales, Unemployment Claims
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 840 thousand,…
Continue ReadingJunk Bonds Looking More Like Junk
Let’s start with the 4 major indices, the SPY, QQQ, DIA and IWM. They all sold off today, breaking yesterday’s…
Continue ReadingSeptember 23 COVID-19 Test Results
The US is now mostly reporting over 700,000 tests per day. Based on the experience of other countries, the percent…
Continue ReadingReal Estate Crash Ahead or Inflation Hedge
2021 might bring a real estate crash, but analyzing the last crash of 2009 and what the FED is doing,…
Continue ReadingThe Anchored VWAP Reveals “Hidden Support” In The S&P 500, And The US Total Market Is Still King Of The World
What a week to be back hosting another episode of “Your Daily Five”. As I’m sure you heard, we held…
Continue Reading58% of Americans will stop using cash after Covid-19
In a world that’s become more and more digital by the day, it’s never been easier to spend or save…
Continue ReadingAnalysts weigh in on Tesla’s battery day event: Causes for concern?
Tesla’s highly anticipated battery day is now in the books, and many investors have been selling the news today. At…
Continue ReadingWhitney Tilson: Nikola’s Stock Is Headed To Zero
Whitney Tilson’s email to investors discussing the latest on Nikola, the stock is headed to zero; Big Ideas 2020. Get…
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