From the NAR: Pending Home Sales Rise 5.9% in July The Pending Home Sales Index (PHSI), a forward-looking indicator of…
Continue ReadingBiotechs Are Trending Lower BUT Sending A Major Bullish Signal
During the midst of the financial blow in March due to the pandemic, I realized that not all stock selloffs…
Continue ReadingJDP Capital Management: AVOD, SVOD And D2C Business Models
From JDP Capital Management: As part of our research process we are continuously reading, watching and listening to a wide…
Continue ReadingLondon Revealed As The Most Expensive City For Remote Workers
London has been revealed as being the most expensive city for remote workers, costing more than £23,755 in essential expenses.…
Continue ReadingFed Chair Jerome Powell: Monetary Policy Framework Review
From Fed Chair Powell: Monetary Policy Framework Review Federal Open Market Committee announces approval of updates to its Statement on…
Continue ReadingWeekly Initial Unemployment Claims decrease to 1,006,000
The DOL reported: In the week ending August 22, the advance figure for seasonally adjusted initial claims was 1,006,000, a…
Continue ReadingQ2 GDP Revised up to -31.7% Annual Rate
From the BEA: Gross Domestic Product, 2nd Quarter 2020 (Second Estimate); Corporate Profits, 2nd Quarter 2020 (Preliminary Estimate) Real gross…
Continue ReadingModern Market Cap Theory
Today was a crazy day in the market. Salesforce, which started the day with a market cap of $195 billion,…
Continue ReadingThursday: GDP, Unemployment Claims, Fed Chair Powell Speech, Pending Home Sales
Thursday:• At 8:30 AM ET, Gross Domestic Product, 2nd quarter 2020 (second estimate). The consensus is that real GDP decreased…
Continue ReadingPatterns Combust into Panic
If you were to look at the Modern Family you’d see a quiet August trading day waiting to hear Fed…
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