The BEA released the Personal Income and Outlays, October 2024 report for October: Personal income increased $147.4 billion (0.6 percent…
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Q3 GDP Growth Unrevised at 2.8% Annual Rate
From the BEA: Gross Domestic Product, Third Quarter 2024 (Second Estimate) and Corporate Profits (Preliminary) Real gross domestic product (GDP)…
Continue ReadingNAR: Pending Home Sales Increase 2.0% in October; Up 5.4% Year-over-year
From the NAR: Pending Home Sales Climbed 2.0% in October, Third Straight Month of Gains Pending home sales ascended in…
Continue ReadingPlunge in Treasury Yields Triggers Gap-Surge in Home Builders
The 10-yr Treasury Yield reversed its upswing with a sharp decline and the Home Construction ETF (ITB) reacted with a…
Continue ReadingAnimal Spirits: The Leverage Mania
Today’s Animal Spirits is brought to you by Global X: See here for more information on the full suite of…
Continue ReadingWednesday: GDP, Unemployment Claims, Durable Goods, Personal Income & Outlays, Pending Home Sales
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage…
Continue ReadingHow to Trade MicroStrategy’s Painful Plunge: The Levels Every Investor Must Watch
On November 21, 2024, Citron Capital shorted MicroStrategy Inc. (MSTR). What made this confrontation particularly electrifying was the clash between…
Continue ReadingICE: “Home price growth edged slightly higher in October”
The ICE HPI is a repeat sales index. ICE reports the median price change of the repeat sales. From Intercontinental…
Continue ReadingFOMC Minutes: “appropriate to move gradually toward a more neutral stance”
From the Fed: Minutes of the Federal Open Market Committee, November 6–7, 2024. Excerpt: In their discussion of financial stability,…
Continue ReadingOptionsPlay: Macro Market Outlook and Options Strategies
Join Tony as he walks you through a Macro Market outlook, and shares his top bearish and bullish options trading…
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