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Sacramento Housing in June: Sales decline 1% YoY, Active Inventory down 37% YoY

Note that June sales are for contracts typically signed in April and May.. From SacRealtor.org: June 2020 Statistics – Sacramento…

July 20, 2020 admin
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Raising Guidance Can Result In A BIG Advance

That seems rather plausible. After all, earnings are one key factor that drives stock prices. But in this case, I’m…

July 20, 2020 admin
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Why Day Trade Futures Over Stocks?

The popularity of futures trading continues to grow driven by products such as Micro E-minis which allow traders to participate…

July 20, 2020 admin
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Comments on BLS Reference Week

Just a few comments … Last week was the reference week for the monthly U.S. Bureau of Labor Statistics (BLS)…

July 20, 2020 admin
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Six High Frequency Indicators for the Economy

These indicators are mostly for travel and entertainment – some of the sectors that will recover very slowly. —– Airlines:…

July 20, 2020 admin
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At the Edge of Chaos: Throw Out the Old Playbook; The Market is Now Leading the Economy

“Engage people with what they expect; it is what they are able to discern and confirms their projections. It settles…

July 19, 2020 admin
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July 19 COVID-19 Test Results

The US is now reporting over 700,000 tests per day. Based on the experience of other countries, the percent positive…

July 19, 2020 admin
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Internet Stocks Remain Strong And This One Could Explode Higher

We can talk about earnings, the economic outlook, technical conditions, etc., but to be quite honest, the real keys to…

July 19, 2020 admin
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Phoenix Real Estate in June: Sales up 2% YoY, Active Inventory Down 23% YoY

The Arizona Regional Multiple Listing Service (ARMLS) reports (“Stats Report”): 1) Overall sales were at 9,508 in June, up from…

July 19, 2020 admin
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Weekend Visit with the Economic Modern Family

With Daily’s recently-titled “Granny Retail Hangs Tough” and “Granddad Russell 2000 Takes the Lead“, it’s no wonder we saw rotation…

July 18, 2020 admin
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