With the SPY/SPX chart sending curveballs, sector rotation on Relative Rotation Graphs is sending conflicting signals. With breadth continuing to…
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Does the Transportation Sector (IYT) Hold the Fate of the Market?
When the market struggles to decide which direction to travel in, we tend to see increased volatility. Throughout last week,…
Continue ReadingIs it a Pullback or Something More Ominous?
This week on StockCharts TV‘s The MEM Edge, Mary Ellen reviews last week’s market action to determine whether we’re in for rougher…
Continue ReadingHigh Yield Bond A-D Line Resolves Divergence
High yield corporate bonds (AKA junk bonds) trade more like the stock market than like T-Bonds. They are considered to be…
Continue ReadingFDIC: Problem Banks Declined, Residential REO Declined in Q2
The FDIC released the Quarterly Banking Profile for Q2 2021 this week: Net income totaled $70.4 billion, an increase of…
Continue ReadingSeptember 10th COVID-19: A Little Progress
NOTE: There will be no weekend updates on COVID. The CDC is the source for all data. According to the…
Continue ReadingWhat You Need To Know About September Weakness
Congratulations! We’ve made it through the first 10 days of September mostly unscathed. At the time of this writing, the…
Continue Reading4 More Local Housing Markets in August: Atlanta, New Hampshire, Portland, Sacramento
Starting this month, I’m going to post local market data (Sales, Active Inventory, New listings) several times during the month…
Continue ReadingQ3 GDP Forecasts: Downgraded to Around 4%
GDP forecasts have been downgraded sharply for Q3 due to COVID. The surge in COVID cases has impacted some consumer…
Continue ReadingHotels: Occupancy Rate Unchanged 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. The occupancy rate…
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