Here is new working paper from Sylvain Leduc and Daniel J. Wilson at the Federal Reserve Bank of San Francisco…
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Flying Financials. Will It Be Enough?
Flying Financials In the recent sector rotation, basically OUT of technology and INTO anything else, Financials and Real-Estate led the…
Continue ReadingNew Highs Coming or Will We Collapse? What Say You, Fed Chief Powell?
This will be one of the most interesting quarters in recent memory. The Fed has got to choose its poison.…
Continue ReadingPCE Measure of Shelter Slows to 5.3% YoY in June
Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report…
Continue ReadingPersonal Income increased 0.2% in June; Spending increased 0.3%
The BEA released the Personal Income and Outlays report for June: Personal income increased $50.4 billion (0.2 percent at a…
Continue ReadingNvidia Breaks the 50-day SMA: Is This a Threat or an Opportunity?
After a big run this year, Nvidia (NVDA) fell over 15% from its high and broke its 50-day simple moving…
Continue ReadingHere’s Why IBM Stock is on the Move
IBM stock was up some 6% on Thursday after the technology company generated solid Q2 earnings that surpassed analysts’ estimates.…
Continue ReadingMissed the Gilead Surge? Here’s What You Need to Know About the Big Move
In late June, Gilead Sciences (GILD) stock surged following positive results of a late-stage trial for its latest HIV drug. …
Continue ReadingRealtor.com Reports Active Inventory Up 36.9% 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 ReadingHere’s Why Chipotle Stock is on the Move
Chipotle Mexican Grill reported a 32% increase in earnings in the second quarter, but the stock has fallen about 24%…
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