For a few years now, people have been comparing the rise of mega cap tech stocks to the late 90s.…
Continue ReadingWeekly Initial Unemployment Claims decrease to 1,314,000
The DOL reported: In the week ending July 4, the advance figure for seasonally adjusted initial claims was 1,314,000, a…
Continue ReadingThis BIG (BLUE) Tech Stock Is On The Verge Of Breaking Lower
There is no doubt that the technology sector is still the strongest segment in the US stock market but in…
Continue ReadingThursday: Unemployment Claims
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a 1.400…
Continue ReadingJuly 8 COVID-19 Test Results, Record Positive, Highest Percent Positive since Early May
The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingPrice IS the Ultimate Indicator
In this edition of Trading Simplified, Dave is pleased to that announce his indicators/plugin are now available on the StockCharts.com Advanced…
Continue ReadingGranny Retail Hangs Tough
The malls were high risk before COVID-19, given the number of bankruptcies of chain stores such as Pier One (PIRRQ)…
Continue ReadingHouston Real Estate in June: Sales Up 18.3% YoY, Inventory Down 17.5% YoY, Concerns going forward
From the HAR: Houston Home Buyers Pump Up the Volume in June A flurry of homes going under contract in…
Continue ReadingThe Ord Oracle July 7, 2020
SPX Monitoring Purposes: Sold long SPX on 7/2/20 at 3130.01= gain 1.5%; long on 6/25 at 3083.76. Monitoring Purposes GOLD:…
Continue ReadingNMHC: Rent Payment Tracker Finds Decline in People Paying Rent in July
Without further disaster relief, there will a significant housing and financial issue. From the NMHC: NMHC Rent Payment Tracker Finds…
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