From the NAR: Pending Home Sales Ascended 3.4% in March Pending home sales in March climbed 3.4%, according to the…
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BEA: Real GDP increased at 1.6% Annualized Rate in Q1
From the BEA: Gross Domestic Product, First Quarter 2024 (Advance Estimate) Real gross domestic product (GDP) increased at an annual…
Continue ReadingWeekly Initial Unemployment Claims Decrease to 207,000
The DOL reported: In the week ending April 20, the advance figure for seasonally adjusted initial claims was 207,000, a…
Continue ReadingThursday: Q1 GDP, Unemployment Claims, Pending Home Sales
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, Gross Domestic…
Continue Reading10% Downside Risk For Stocks as Value Takes The Lead
Value taking the lead from growth The weekly RRG above shows the rotation for Growth vs Value stocks. The benchmark…
Continue ReadingThree Sectors are Showing Strength, Three are Not
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Ryan Redfern, ChFC CMT of Shadowridge Asset Management. David highlights companies…
Continue ReadingApril Vehicle Sales Forecast: 15.8 million SAAR, Up 1% YoY
From WardsAuto: April U.S. Light-Vehicle Sales to Start Second Quarter with Lukewarm Growth (pay content). Brief excerpt: The second quarter…
Continue ReadingWhat’s Really Driving Tesla’s Surprising Stock Surge?
Tesla’s (TSLA) first-quarter earnings reported after Tuesday’s market close was lackluster, bordering on disastrous. Yet the stock jumped 16% Wednesday…
Continue ReadingDespite Bad Headlines, Boeing Stock Bounces on Q1 Results
It is hard to imagine a company enduring worse headlines last quarter than Boeing (NYSE:BA), but the embattled airplane manufacturer…
Continue ReadingPhilly Fed: State Coincident Indexes Increased in 44 States in March (3-Month Basis)
From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for…
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