The US is now conducting over 500,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingMBA Survey: “Share of Mortgage Loans in Forbearance Decreases Slightly to 8.47%” 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 ReadingNatural Gas Futures Rally as Summer Heats Up
Natural Gas futures (NG) saw gains exceeding 11% Monday morning as bearish investors lightened their short positions and new longs…
Continue ReadingDallas Fed: “Manufacturing Regains Footing After Epic Decline”
From the Dallas Fed: Manufacturing Regains Footing After Epic Decline Texas factory activity rebounded strongly in June, according to business…
Continue ReadingNAR: Pending Home Sales Increase 44.3% in May
From the NAR: Pending Home Sales Notch Record-Setting 44.3% Monthly Increase in May Pending home sales mounted a record comeback…
Continue ReadingWatching the Health Care Sector This Week As It Started Rotating At a Strong RRG-Heading
Last week’s sector rotation has pushed the Health Care sector into the improving quadrant at a positive RRG-Heading. This makes…
Continue ReadingMonday: Pending Home Sales
Weekend:• Schedule for Week of June 28, 2020 Monday:• At 10:00 AM ET, Pending Home Sales Index for May. The…
Continue ReadingAt the Edge of Chaos: Imminent Break in Duarte’s 50-50 Rule Could Signal Big Trouble for Stocks
Stock traders just got a wakeup call and the Federal Reserve, warts and all, seems to have been caught napping.…
Continue ReadingJune 28 COVID-19 Test Results, Highest Percent Positive Since Early May
The US is now conducting over 500,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingJune 2020: Unofficial Problem Bank list Decreased to 64 Institutions
The FDIC’s official problem bank list is comprised of banks with a CAMELS rating of 4 or 5, and the…
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