First of all, I apologize for my absence this week. I caught something that looked like Covid, and felt like…
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Analyzing Investor Sentiment for Gold
Sentiment indicators are contrarian, meaning that when the majority of investors are bullish on the a market, it is bearish…
Continue ReadingQ3 GDP Tracking: Close to 3%
From Goldman: We left our Q3 GDP tracking estimate unchanged at +3.0% (quarter-over-quarter annualized) and our domestic final sales forecast…
Continue ReadingHotels: Occupancy Rate Decreased 1.7% Year-over-year
From STR: U.S. hotel results for week ending 14 September The U.S. hotel industry reported mostly negative year-over-year comparisons, according…
Continue ReadingThis S&P 500 Rally is Defying the Experts – Here’s What You Need to Know
If you logged into the CNBC website on Thursday morning, you might have seen the headline, “Wells Fargo says don’t…
Continue ReadingThe SCTR Report: Carvana’s Gain Makes It Worth a Revisit
On August 5, we featured Carvana (CVNA), which at the time took the top StockCharts Technical Rank (SCTR) spot for…
Continue ReadingRealtor.com Reports Active Inventory Up 33.0% YoY
What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a…
Continue ReadingNAR: Existing-Home Sales Decreased to 3.86 million SAAR in August; Median House Prices Increased 3.1% Year-over-Year
Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Decreased to 3.86 million SAAR in August Excerpt: Sales Year-over-Year…
Continue ReadingNAR: Existing-Home Sales Decreased to 3.86 million SAAR in August
From the NAR: Existing-Home Sales Declined 2.5% in August In August 2024, existing-home sales fell in the South, West, and…
Continue ReadingWeekly Initial Unemployment Claims Decrease to 219,000
The DOL reported: In the week ending September 14, the advance figure for seasonally adjusted initial claims was 219,000, a…
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