The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of…
Continue ReadingBLS: CPI increased 0.6% in June, Core CPI increased 0.2%
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in June on a seasonally…
Continue ReadingTuesday: CPI
From Matthew Graham at Mortgage News Daily: Mortgage Rates Have Moved Up From Last Week’s Lows Mortgage rates definitely hit…
Continue ReadingJuly 13 COVID-19 Test Results
The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingTime to Watch Risk Appetite Through Junk Bonds
With bank earnings the big buzz this week, here are some highlights to keep in mind. Bank earnings are set…
Continue ReadingWas that the Top?
That was one heck of a reversal today in tech stocks. At one point the Nasdaq-100 was up more than…
Continue ReadingA NASDAQ 100 Throwover. Is the Uptrend Ending?
Financial markets are pushing up into the start of earnings season. In June, the S&P 500 and the Dow Jones…
Continue ReadingMBA Survey: “Share of Mortgage Loans in Forbearance Decreases for Fourth Straight Week to 8.18%” of Portfolio Volume
Note: To put these numbers in perspective, the MBA notes “For the week of March 2, only 0.25% of all…
Continue ReadingWill Truckers Live Up To Their Pre-Earnings Hype? This Week Provides Our First Clue
When a stock, industry group, or sector breaks out before earnings season, that’s generally a signal that Wall Street is…
Continue ReadingThis Health Care Stock is Poised for a Breakout
Price action has seen an Ascending Triangle formation in APOLLOHOSP.IN over the past several weeks. In this classically bullish formation,…
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