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…
Continue ReadingLA area Port Traffic Down Sharply Year-over-year in May
Note: The expansion to the Panama Canal was completed in 2016 (As I noted a few years ago), and some…
Continue Reading7 Rules of Consistent Traders
Trading live markets is inherently unpredictable, but what sets consistent traders apart from the pack? Below are 7 rules to…
Continue ReadingSix High Frequency Indicators for a Recovery
These indicators are mostly for travel and entertainment – some of the sectors that will probably recover very slowly. The…
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