Berkshire Hathaway and its CEO Warren Buffett sold about 50% of its shares in its largest holding, Apple stock, in…
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Tuesday: Trade Deficit, Q2 Quarterly Report on Household Debt and Credit
From Matthew Graham at Mortgage News Daily: Lowest Mortgage Rates in More Than a Year As of Friday, the average…
Continue ReadingThe SCTR Report: Carvana Stock Makes It To Top of the Podium Today
On a day when the S&P 500 ($SPX) drops over 200 points at the open, and the Dow Jones Industrial…
Continue ReadingDP Trading Room: Bear Market Rules Apply
The market is dropping perilously right now and so it is time to review Bear Market Rules. Today Erin and…
Continue ReadingStocks Get Defensive as Market Index Enters “NoGo”
Good morning and welcome to this week’s Flight Path. Equities could not hold onto “Go” colors any longer and we…
Continue ReadingFed Q2 SLOOS Survey: Banks reported Tighter Standards and Weaker Demand for almost All Loan Types
From the Federal Reserve: The July 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices The July 2024 Senior…
Continue ReadingAfter a Rough July, Can Tech Stocks Rebound in August?
Tech stocks got hammered in July and the volatility is even worse so far in August. Can tech stocks bounce…
Continue ReadingWe Need to Fight Our ‘Get Rich Quick’ Urge
Our inclination to believe that Get Rich Quick investment strategies are sound and that there really is research supporting the…
Continue ReadingHeavy Truck Sales Increased in July
This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the July 2024…
Continue ReadingHousing August 5th Weekly Update: Inventory up 1.0% Week-over-week, Up 39.9% Year-over-year
Altos reports that active single-family inventory was up 1.0% week-over-week. Inventory is now up 38.4% from the February seasonal bottom. Click…
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