As a long-term stock trader, there’s one development in the stock market that takes me, and many others, to our…
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Trade Deficit Decreased to $73.1 Billion in June
The Census Bureau and the Bureau of Economic Analysis reported: The U.S. Census Bureau and the U.S. Bureau of Economic…
Continue ReadingStocks and Bitcoin Tumble, “Fear Gauge” Surges
Stocks and crypto have seen big crashes this week. But could this volatility bring opportunity? The post Stocks and Bitcoin…
Continue ReadingCoreLogic: US Home Prices Increased 4.7% Year-over-year in June as “Prices Cool”
Notes: This CoreLogic House Price Index report is for June. The recent Case-Shiller index release was for May. The CoreLogic…
Continue ReadingBerkshire Hathaway Beats Earnings Estimates, Sells Stock in Apple
Berkshire Hathaway and its CEO Warren Buffett sold about 50% of its shares in its largest holding, Apple stock, in…
Continue ReadingTuesday: Trade Deficit, Q2 Quarterly Report on Household Debt and Credit
From Matthew Graham at Mortgage News Daily: Lowest Mortgage Rates in More Than a Year As of Friday, the average…
Continue ReadingThe SCTR Report: Carvana Stock Makes It To Top of the Podium Today
On a day when the S&P 500 ($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…
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