The Census Bureau reports New Home Sales in August were at a seasonally adjusted annual rate (SAAR) of 740 thousand.…
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Gold Futures Roll Date – October 2021
Thursday, September 30th marks the first notice for the October Gold Futures Contract. GC Traders can roll to the succeeding…
Continue ReadingSeptember Vehicle Sales Forecast: “Disappearing Inventory Taking U.S. Light-Vehicle Sales to Another Low in September”
From WardsAuto: Disappearing Inventory Taking U.S. Light-Vehicle Sales to Another Low in September (pay content) Low inventories and supply issues…
Continue ReadingExisting Home Sales: Some Regional Differences Appear
In the Newsletter I have Existing Home Sales: Some Regional Differences Appear Excerpt: For the last year, most housing markets…
Continue ReadingHotels: Occupancy Rate Down 11.6% Compared to Same Week in 2019
Note: The year-over-year occupancy comparisons are easy, since occupancy declined sharply at the onset of the pandemic. From CoStar: STR:…
Continue ReadingFed’s Flow of Funds: Household Net Worth Increased $5.9 Trillion in Q2
The Federal Reserve released the Q2 2021 Flow of Funds report today: Financial Accounts of the United States. The net…
Continue ReadingDiscipline, Perseverance, and Crazy Pumps: Tim Lento’s $1 Million Trading Milestone
Tim Lento’s Million-Dollar Milestone: Key Takeaways The chance cable TV encounter that started Tim Lento on the road to million-dollar…
Continue ReadingCoreLogic: 1.2 Million Homes with Negative Equity in Q2 2021
From CoreLogic: Homeowners Gained $2.9 Trillion in Equity in Q2 2021, CoreLogic Reports CoreLogic® … today released the Homeowner Equity…
Continue ReadingWeekly Initial Unemployment Claims increase to 351,000
The DOL reported: In the week ending September 18, the advance figure for seasonally adjusted initial claims was 351,000, an…
Continue ReadingThursday: Unemployment Claims, Q2 Flow of Funds
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 320 thousand…
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