Wall Street rallied Thursday morning as July retail sales jumped 1%—triple what experts expected. Meanwhile, jobless claims dropped, and investors…
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Housing Starts Decreased to 1.238 million Annual Rate in July
From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately-owned housing starts in July were at a seasonally adjusted…
Continue ReadingThe SCTR Report: Dell Is Gaining Strength. Here’s Why the Stock Is a Strong Buy.
When the general market is recovering from a pullback, there can be great opportunities to buy on the dip. But…
Continue ReadingWhat Inflation Fear? Strong Retail Sales Fuel Growth
In this edition of StockCharts TV‘s The Final Bar, Dave recaps another strong up day for growth leadership names, with ULTA and…
Continue ReadingStrength Off the Lows, But Concerns Remain
Stronger than Expected The recent rally out of the August 5th low is definitely stronger than I had anticipated. I…
Continue ReadingMBA: Mortgage Delinquencies Increased in Q2 2024
Today, in the Calculated Risk Real Estate Newsletter: MBA: Mortgage Delinquencies Increased in Q2 2024 A brief excerpt: From the…
Continue ReadingIndustrial Production Decreased 0.6% in July
From the Fed: Industrial Production and Capacity Utilization Industrial production fell 0.6 percent in July after increasing 0.3 percent in…
Continue ReadingNAHB: Builder Confidence Declined in August
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 39, down from 41 last…
Continue ReadingRetail Sales Increased 1.0% in July
On a monthly basis, retail sales increased 1.0% from June to July (seasonally adjusted), and sales were up 2.7 percent…
Continue ReadingWeekly Initial Unemployment Claims Decrease to 227,000
The DOL reported: In the week ending August 10, the advance figure for seasonally adjusted initial claims was 227,000, a…
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