Notes: This CoreLogic House Price Index report is for April. The recent Case-Shiller index release was for March. The CoreLogic…
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Berkshire Stock at $185? NYSE Glitch Briefly Sends Shares 99% Lower
It’s been 14 years since the “flash crash” that sent large-cap stocks tumbling for a day. A few level-headed traders…
Continue ReadingVehicles Sales Increase to 15.9 million SAAR in May; Up 2.5% YoY
Wards Auto released their estimate of light vehicle sales for May: May U.S. Light-Vehicle Sales Continue 2024 Trend of Slow,…
Continue ReadingDoes Paramount Global Finally Have a Deal?
One of the longest-running dramas on the stock market this year has been the fate of media and entertainment stock…
Continue ReadingYou Don’t Need to be an Expert to Invest in AI: Here’s How
Financial-data company FactSet ran an analysis of S&P 500 earnings calls over the last couple of months and found that…
Continue ReadingWyckoff at Work in the Intraday Timeframe
It is well known that stock market indexes are fractal. Demonstrating repeatable price structures in all timeframes. In the intraday…
Continue ReadingUTILITIES TRYING TO “POWER” UP EQUITY MARKETS
Good morning and welcome to this week’s Flight Path. We saw continued weakness this week in U.S. equities although there…
Continue ReadingMay Flowers: Markets Have a Strong Month But End on a Whimper
May turned out to be a bounce-back month for stocks after a difficult April, when all the major indexes were…
Continue Reading“Vibe-cession”: The Buzzword of 2024 That Should Scare Stock Investors
Economists, analysts and commentators like to coin words and phrases to capture the economic zeitgeist. This year, there’s been talk…
Continue ReadingEating Rocks and Making Excuses: Google’s Latest Gen-AI Fail
As Alphabet’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google desperately strives to play catch-up to Microsoft (NASDAQ:MSFT) in the generative-AI wars, it’s somewhat understandable…
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