In a January 20 article Jeremy Grantham proposed that there are currently bubbles in housing, equities, and bonds, and a…
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Can Large Cap Tech Break Out?
The lows were put in on January 24th, and we continue to make higher lows coming out of the base.…
Continue ReadingSemiconductors At Risk!
The Technology sector is under pressure for a few weeks already. We have seen a few attempts to bounce back…
Continue ReadingThe Impact on Housing of Higher Mortgage Rates
Today, in the Calculated Risk Real Estate Newsletter: The Impact on Housing of Higher Mortgage Rates A brief excerpt: Looking…
Continue ReadingCleveland Fed: Median CPI increased 0.6% and Trimmed-mean CPI increased 0.6% in January
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of…
Continue ReadingMBA: “Mortgage Delinquencies Decrease in the Fourth Quarter of 2021”
From the MBA: Mortgage Delinquencies Decrease in the Fourth Quarter of 2021 The delinquency rate for mortgage loans on one-to-four-unit…
Continue ReadingWeekly Initial Unemployment Claims Decrease to 223,000
The DOL reported: In the week ending February 5, the advance figure for seasonally adjusted initial claims was 223,000, a…
Continue ReadingBLS: CPI increased 0.6% in January; Core CPI increased 0.6%
From the BLS: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in January on a seasonally…
Continue ReadingThursday: CPI, Initial Unemployment Claims
Thursday:• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for a decrease…
Continue ReadingSupport and Resistance Levels to Watch for Thursday’s Trading Session
Two of the major indices, including the Russell 2000 (IWM) and the Dow Jones (DIA), have cleared key resistance levels.…
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