On this episode of Sector Spotlight, I perform a quick overview of asset class and sector rotation, then focus in on…
Continue ReadingWednesday: Mortgage Purchase Applications, Architecture Billings Index
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.…
Continue ReadingAssessing Market Bias
Years ago it occurred to me that we should consider market “bias” when interpreting the condition (overbought/oversold) of market indicators.…
Continue ReadingJune 23 COVID-19 Test Results, Highest Percent Positive since Mid-May
Note: I started posting this graph when the US was doing a few thousand tests per day. Clearly the US…
Continue ReadingStack: Measuring Multiple-Timeframe Strength of Trends
Stack is a derivative of Time Area, its primary purpose the gauging of strength of Trend across multiple timeframes. This…
Continue ReadingEconomic Modern Family Acts Tone-Deaf
I hear a symphony.. Only there are some discordant notes. On the one side of the orchestra, we have NASDAQ…
Continue ReadingThe Biggest Stock Market Rally Ever
The stock market bottomed three months ago. In the 65 trading says since, the S&P 500 gained 41%, the strongest…
Continue ReadingNMHC: Rent Payment Tracker Finds 92 Percent Paid Rent as of June 20th, Same Pace as in June 2019
From the NMHC: NMHC Rent Payment Tracker Finds 92.2 Percent of Apartment Households Paid Rent as of June 20 The…
Continue ReadingXLE is Down 9% But Still Moving Up Into the Leading Quadrant…. Why?
This question was forwarded to me by Dave Keller after he received it in the mailbag for his show The…
Continue ReadingA few Comments on May New Home Sales
New home sales for May were reported at 676,000 on a seasonally adjusted annual rate basis (SAAR). However sales for…
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