When climbers climb mountains, they are more fearful and cautious at the top. When investors climb mountains, they get more…
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Trading Halts: What You Need to Know About This Circuit Breaker Stock Market
So many people have no idea they’re trading in a circuit breaker stock market. That boggles my mind. This is…
Continue ReadingHousing Starts increased to 1.643 Million Annual Rate in June
From the Census Bureau: Permits, Starts and Completions Housing Starts:Privately‐owned housing starts in June were at a seasonally adjusted annual…
Continue ReadingDP TV: Under the Hood – Sector Strength and Weakness
In this episode of DecisionPoint, Carl gives us his analysis of today’s sell-off and discussed today’s Downside Exhaustion Climax, showing us…
Continue ReadingWhy It Might Be Time to Start Looking at Consumer Staples
With the markets’ recent decline, investors’ mindsets could be shifting into protecting gains made throughout the year. The recent blowoff…
Continue ReadingPhoenix Real Estate in June: Sales Up 2% YoY, Active Inventory Down 33% YoY
Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory…
Continue ReadingMBA Survey: “Share of Mortgage Loans in Forbearance Decreases to 3.50%”
Note: This is as of July 11th. From the MBA: Share of Mortgage Loans in Forbearance Decreases to 3.50% The…
Continue ReadingJuly 19th COVID-19, New Cases, Hospitalizations, Vaccinations
Note: Cases and deaths reported on Monday are always low – and almost always revised up significantly when additional data…
Continue ReadingHow the Impending Correction May Actually Play Out
As the S&P 500 and Nasdaq 100 indexes have pounded away at new all-time highs basically every month in 2021,…
Continue ReadingNBER: Recession Trough in April 2020
From NBER: Business Cycle Dating Committee Announcement July 19, 2021 Cambridge, July 19, 2021 – The Business Cycle Dating Committee…
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