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…
Continue ReadingIntroducing “The Mindful Six” Stocks Threatening Breakouts
The S&P 500 index has remained in consolidation mode, spending the shortened holiday week in a rally back to the…
Continue ReadingJuly 6 COVID-19 Test Results
Note: There might be some missing or late reporting today due to the holiday weekend. The US is now conducting…
Continue Reading