The DOL reported: In the week ending June 19, the advance figure for seasonally adjusted initial claims was 411,000, a…
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Top Stocks to Watch Today: Thursday, June 24
Reddit and FinTwit pumps, biotechs, and retail stocks are the top stocks to watch today. We’ve seen so many huge…
Continue ReadingThursday: GDP, Unemployment Claims, Durable Goods, Bank Stress Tests
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a decrease…
Continue ReadingWill Oil Prices Continue to Climb?
Since the lows of March 2020, the stock market has made a huge rally and has broken to new highs…
Continue ReadingJune 23rd COVID-19 New Cases, Vaccinations, Hospitalizations
This data is from the CDC. According to the CDC, on Vaccinations. Total doses administered: 319,872,053, as of yesterday 319,223,844.…
Continue ReadingThe Ord Oracle June 22, 2021
SPX Monitoring Purposes: Sold 6/21/21 at 4224.70= gain 1.40%; Long SPX on 6/18/21 at 4166.45. Monitoring Purposes GOLD: Long GDX…
Continue ReadingThinking Like a Trader, Part 3
In this edition of Trading Simplified, Dave continues his discussion on “Thinking Like a Trader,” focusing on seeing what’s there vs.…
Continue ReadingBlack Knight: National Mortgage Delinquency Rate Increased in May
Note: At the beginning of the pandemic, the delinquency rate increased sharply (see table below). Loans in forbearance are counted…
Continue ReadingAIA: “Architecture billings continue historic rebound” in May
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Architecture billings…
Continue ReadingThe Grand Breakout
The mega-cap stocks are poised to breakout this week and Tuesday saw a few of them start the run. Apple.…
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