Monday, June 22nd marks the Last Trade Date for the July 2020 Crude Oil futures contract. Active CL traders can…
Continue ReadingNAHB: Builder Confidence Increased to 58 in June
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 58, up from 37 in…
Continue ReadingIndustrial Production Increased 1.4 Percent in May
From the Fed: Industrial Production and Capacity Utilization Total industrial production increased 1.4 percent in May, as many factories resumed…
Continue ReadingRetail Sales increased 17.7% in May
On a monthly basis, retail sales increased 17.7 percent from April to May (seasonally adjusted), and sales were down 6.1…
Continue ReadingTuesday: Retail Sales, Industrial Production, Homebuilder Survey, Fed Chair Powell Testimony
From Matthew Graham at Mortgage News Daily: Mortgage Rates Slightly Higher, But Still Near All-Time Lows Mortgage rates were slightly…
Continue ReadingLet the Economic Modern Family Be Your Guide
After the Fed announcement that they will be buying corporate bonds, the market took off. As mentioned in the weekend…
Continue ReadingJune 15 COVID-19 Test Results
Note: I started posting this graph when the US was doing a few thousand tests per day. Clearly the US…
Continue ReadingMy Daily Five: Island Reversal on VTI, The “Market Mindset Meter”, Summer Seasonality And Two Of The “10 I’m Stalking” This Week
Today, I kicked off the week by hosting another episode of “Your Daily Five”, one of our newest series on…
Continue ReadingMBA Survey: “Share of Mortgage Loans in Forbearance Increases Slightly to 8.55%” 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 ReadingMillionaire Mentor Update: 3 Trading Education Resources You Should Be Using
Are you using all the trading education resources at your fingertips? I don’t think you are. And it’s really starting…
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