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…
Continue ReadingCensus: Household Pulse Survey shows 34.9% of Households Expect Loss in Income; 25.9% Concerned about Housing
Note: The details in the pulse survey this week are concerning – especially about loss in income and concern about…
Continue ReadingU.S. Heavy Truck Sales down 42% Year-over-year in June
The following graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the June…
Continue ReadingAnimal Spirits: The Future of Education
Today’s Animal Spirits is brought to you by YCharts Mention Animal Spirits to receive 20% off when you initially sign up for the…
Continue ReadingJuly 7 COVID-19 Test Results
The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingIsland Bottom, Momentum and Buffett
Rare to see an island bottom. However, the one in UNG, the ETF for natural gas, had a classic one.…
Continue ReadingTime Average Bands: Qualifying Breakouts with BullWhip and BearCage
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…
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