On a monthly basis, retail sales were increased 0.6% from May to June (seasonally adjusted), and sales were up 18.0…
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Friday: Retail Sales
Friday:• At 8:30 AM ET, Retail sales for June is scheduled to be released. The consensus is for 0.4% decrease…
Continue ReadingHow to Handle Breakouts
In this week’s edition of Stock Talk with Joe Rabil, Joe shows how he evaluates breakout patterns, using ADX/DI to…
Continue ReadingChartwise Women: New Pockets of Strength!
In this week’s edition of Chartwise Women, Erin and Mary Ellen show us exactly how they find “pockets of strength”…
Continue ReadingJuly 15th COVID-19, New Cases, Hospitalizations, Vaccinations
The 7-day average cases is the highest since May 20th. The 7-day average hospitalizations is the highest since June 5th.…
Continue ReadingTrade WTI Crude Oil for Less with Micro Futures
NYMEX West Texas Intermediate (WTI) Crude Oil Futures are the world’s most liquid oil contract, and regarded as a global…
Continue ReadingSacramento Real Estate in June: Sales up 14% YoY, Active Inventory down 13% YoY
Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory…
Continue ReadingLA Area Port Traffic: Solid Imports, Weak Exports in June
Note: The expansion to the Panama Canal was completed in 2016 (As I noted a few years ago), and some…
Continue ReadingThere is So Much Money Sloshing Around
A billion-dollar valuation for a private company used to be so special that they had a special name for it.…
Continue ReadingHotels: Occupancy Rate Down 9% 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. So STR is…
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