The graph above shows the percentage of months in which sectors have outperformed the S&P 500 in the past*. The…
Continue ReadingUncategorized
Coronavirus stimulus checks unlikely before election day: Sen. Ted Cruz
One big question that most Americans presently have is when the next stimulus checks are coming. Sen. Ted Cruz, however,…
Continue ReadingConstruction Spending Increased Slightly in July
From the Census Bureau reported that overall construction spending decreased in June: Construction spending during July 2020 was estimated at…
Continue ReadingISM Manufacturing index Increased to 56.0 in August
The ISM manufacturing index indicated expansion in August. The PMI was at 56.0% in August, up from 54.2% in July.…
Continue ReadingThis is Why I’m Not Impressed with FSLR’s Near 7 Year Breakout
It’s always important to be prepared when a stock has challenged a key price resistance level multiple times and it’s…
Continue Reading“Tesla lost $324 million [In Q2], and that’s before accounting for its fraudulently low warranty reserve”: Shortseller
Stanphyl Capital letter to investors for the month ended August 2020, discussing Tesla’s stock split, vicious competitive landscape in China,…
Continue ReadingCoreLogic: House Prices up 5.5% Year-over-year in July
Notes: This CoreLogic House Price Index report is for July. The recent Case-Shiller index release was for June. The CoreLogic…
Continue ReadingIf There Were No Market Timing, There Would Be No Stock Price Changes
Buy-and-Holders disdain market timing. What if everyone listened to them? If there were no market timing, there would be no…
Continue ReadingTuesday: ISM Mfg, Construction Spending, Vehicle Sales
From Matthew Graham at Mortgage News Daily: Lowest Mortgage Rates in 3 Weeks Mortgage rates improved nicely today with the…
Continue ReadingDP Show: What’s Up with the VIX?
What’s up with the VIX and breadth? And what are they telling us about the market this week? A big…
Continue Reading