On this episode of Sector Spotlight, after a quick overview of Asset Class and Sector rotation, I go over and update…
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Animal Spirits: 10,000 Day Traders
Today’s Animal Spirits is brought to you by YCharts Mention Animal Spirits to receive 20% off when you initially sign up for the…
Continue ReadingNAR: Existing-Home Sales Increased to 4.72 million in June
From the NAR: Existing-Home Sales Climb Record 20.7% in June Total existing-home sales, completed transactions that include single-family homes, townhomes,…
Continue ReadingBlack Knight: National Mortgage Delinquency Rate Decreased in June, “Serious Delinquencies Surge to 9-Year High”
Note: Loans in forbearance are counted as delinquent in this survey, but these loans are not reported as delinquent to…
Continue ReadingSmall Cap Stocks Escape Late Day Fade – Here’s A Name On The Move!
Small Cap stocks were the best performers last week and it’s of great interest to me to see them continue…
Continue ReadingWednesday: Existing Home Sales
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.…
Continue ReadingAAPL Advance Is Too Steep
Apple (AAPL) has a history of sharp, parabolic price advances, followed by vertical collapses. Normal spacing between the tops runs…
Continue ReadingJuly 21 COVID-19 Test Results
The US is now reporting over 700,000 tests per day. Based on the experience of other countries, the percent positive…
Continue ReadingNew York City Subway Usage
Here is some interesting data on New York subway usage (HT BR). Click on graph for larger image. This graph…
Continue ReadingThoughts on CARES II: Additional Disaster Relief
A month ago I outlined a few key items for additional disaster relief. Time is running short. This morning, the…
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