There were a number of Bollinger Band squeeze plays over the last two weeks and also a number of breakouts.…
Continue ReadingJuly 17 COVID-19 Test Results; Record 77,233 Positive Cases
The US is now conducting over 700,000 tests per day. Based on the experience of other countries, the percent positive…
Continue ReadingWhat About Growth vs. Value Going into the Second Half?
The last time Value took over from Growth was at the end of 2018, and even that was only for…
Continue ReadingLawler: Early Read on Existing Home Sales in June
From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the country through today, I project that…
Continue ReadingHealth Care Is Starting Another Leg Higher; Here Are A Few Trading Candidates To Consider
Below is today’s Daily Market Report (DMR) that I send to EarningsBeats.com members every day. Today’s focus was definitely on…
Continue ReadingCrude Oil: Uptrend to October
5 months ago, I wrote here about crude oil prices dropping below the $50 level and how that drop was…
Continue ReadingCAR on California June Housing: Sales down 13% YoY, Listing down 25% YoY
The CAR reported: California housing market claws back past two months of losses in June as median home price sets…
Continue ReadingComments on June Housing Starts
As expected, housing starts bounced back in June. Earlier: Housing Starts increased to 1.186 Million Annual Rate in June Total…
Continue ReadingLA area Port Traffic Down Year-over-year in June
Note: The expansion to the Panama Canal was completed in 2016 (As I noted a few years ago), and some…
Continue ReadingBLS: June Unemployment rates down in 42 states; 3 States at New Record Highs
From the BLS: Regional and State Employment and Unemployment Summary Unemployment rates were lower in June in 42 states, higher…
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