Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory…
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What Are Volumetric Bars?
As part of NinjaTrader’s Order Flow + suite of premium tools, volumetric bars provide an X-ray view into the market…
Continue ReadingMay 19th COVID-19 New Cases, Hospitalizations, Vaccinations
Hopefully everyone is part of the solution and is getting vaccinated! According to the CDC, on Vaccinations. Total administered: 277,290,173,…
Continue ReadingFOMC Minutes: Concern about “supply chain bottlenecks and input shortages”
From the Fed: Minutes of the Federal Open Market Committee, April 27–28, 2021. A few excerpts: In their comments about…
Continue ReadingLawler: Is the “Owners’ Equivalent Rent” Index Set to Accelerate Sharply?
From housing economist Tom Lawler: While single-family home prices have recently soared and single-family rents appear to have accelerated, the…
Continue ReadingThe Ord Oracle May 18, 2021
SPX Monitoring Purposes: Sold long 4/9/21 SPX at 4128.80= gain 6.16%; Long SPX on 3/24/21 at 3889.14. Monitoring Purposes GOLD:…
Continue ReadingLawler: Early Read on Existing Home Sales in April
From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the country through today, I project that…
Continue Reading11 Top Solar Penny Stocks to Watch in 2021
A lot of traders got excited about solar penny stocks in early 2021… President Biden was just taking office. And…
Continue ReadingAIA: Architecture “Design activity strongly increases” in April
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: Design activity…
Continue ReadingThe 50-day and the early Gap Tell the Tale for QQQ
Chartists can compare performance by using the 50-day SMA as a benchmark level. Names that exceed their 50-day SMAs show…
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