Studies with Bands applied have been around for a long time, and studies such as Bollinger and Keltner have been…
Continue ReadingUp and Down
This stat from @SentimentTrader blew me away: “The S&P 500 fund, SPY, has been up at least 0.5% for 5…
Continue ReadingMBA Survey: “Share of Mortgage Loans in Forbearance Decreases for Third Straight Week to 8.39%” 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 ReadingS&P 500 2020 Q1 Earnings: Lies, Damned Lies, and Earnings Estimates
The S&P 500 preliminary earnings results for 2020 Q1 are out, and based upon GAAP (Generally Accepted Accounting Principals) earnings,…
Continue ReadingSector Spotlight: Why 322 is Important for SPY
The first half of 2020 is “done and dusted.” On this episode of Sector Spotlight, I start with a quick…
Continue ReadingSeattle Real Estate in June: Sales down 8% YoY, Inventory down 32% YoY
The Northwest Multiple Listing Service reported Northwest MLS brokers report robust activity amid low interest rates, tight inventory, changing lifestyles…
Continue ReadingNasdaq Futures Book 3 Consecutive Record Closes
Monday’s session marked the 3rd record high close in a row for Nasdaq futures and the 5th consecutive green close…
Continue ReadingLas Vegas Real Estate in June: Sales down 19% YoY, Inventory down 31% YoY
This report is for closed sales in June; sales are counted at the close of escrow, so the contracts for…
Continue ReadingBLS: Job Openings increased to 5.4 Million in May
From the BLS: Job Openings and Labor Turnover Summary The number of hires increased by 2.4 million to a series…
Continue ReadingCoreLogic: House Prices up 4.8% Year-over-year in May
Notes: This CoreLogic House Price Index report is for May. The recent Case-Shiller index release was for April. The CoreLogic…
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