Fed Chair Powell press conference video here or on YouTube here, starting at 2:30 PM ET. FOMC Statement: Recent indicators…
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Is Microsoft Stock a Buy After Earnings Beat?
Microsoft stock was down about 2% Wednesday morning, despite the fact that it beat revenue and earnings estimates. The culprit…
Continue ReadingNAR: Pending Home Sales Increase 4.8% in June; Down 2.6% Year-over-year
From the NAR: Pending Home Sales Rose 4.8% in June Pending home sales in June ascended 4.8%, according to the…
Continue ReadingFreddie Mac House Price Index Increased Slightly in June; Up 5.1% Year-over-year
Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased Slightly in June; Up 5.1% Year-over-year…
Continue ReadingSemiconductors Are Down: Is Now the Time to Buy SMH?
Nvidia (NVDA) was perhaps the most outstanding semiconductor trade of 2024. While some people might have missed out, there are…
Continue ReadingADP: Private Employment Increased 122,000 in July
From ADP: ADP National Employment Report: Private Sector Employment Increased by 122,000 Jobs in July; Annual Pay was Up 4.8%…
Continue ReadingWednesday: FOMC Statement, Pending Home Sales, Chicago PMI
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage…
Continue ReadingBig Tech Earnings, Fed Meeting, Jobs Report: Will They Add More Pressure to the Stock Market?
Last week, there was a noticeable change in investor sentiment. We have so much data coming out this week, and…
Continue ReadingS&P 500 Equal Weight ETF Gains Strength
The S&P 500 Index is a capitalization weighted stock index. Many of the lesser capitalization blue-chip stocks that compose these…
Continue ReadingHere’s Why JetBlue Stock is on the Move
JetBlue stock was up more than 20% on Tuesday after the company had better-than-expected second quarter earnings. But is JetBlue…
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