Fastenal Company (NASDAQ:FAST), a leader in industrial and construction fasteners, outperformed market analysts’ expectations in the fourth quarter of 2023.…
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Tesla Stock Tanks on Earnings Miss, Weaker Outlook
Shares of the largest U.S. electric-vehicle maker, Tesla (NASDAQ:TSLA), were dropping on Thursday after the company reported disappointing fourth-quarter earnings…
Continue ReadingWhy This Investment Bank’s Stock Price is Surging
The past couple of years have not been great for investment banks, given the high-interest-rate environment. However, middle-market investment bank…
Continue ReadingNew Home Sales increase to 664,000 Annual Rate in December; Average New Home Price is Down 14% from the Peak
Today, in the Calculated Risk Real Estate Newsletter: New Home Sales increase to 664,000 Annual Rate in December Brief excerpt:…
Continue ReadingGov. Proposed $5,000 Caregiver Tax Credit from Michigan
Gov. Gretchen Whitmer recently proposed a new credit that could give eligible caregivers up to $5,000. The new caregiver tax…
Continue ReadingNew Home Sales increase to 664,000 Annual Rate in December
The Census Bureau reports New Home Sales in December were at a seasonally adjusted annual rate (SAAR) of 664 thousand.…
Continue ReadingBEA: Real GDP increased at 3.3% Annualized Rate in Q4
From the BEA: Gross Domestic Product, Fourth Quarter and Year 2023 (Advance Estimate) Real gross domestic product (GDP) increased at…
Continue ReadingWeekly Initial Unemployment Claims Increase to 214,000
The DOL reported: In the week ending January 20, the advance figure for seasonally adjusted initial claims was 214,000, an…
Continue ReadingThursday: Q4 GDP, New Home Sales, Unemployment Claims, Durable Goods
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, Gross Domestic…
Continue ReadingMacro Model Gives Mixed Signals as NFLX LIGHTS UP!
In this edition of StockCharts TV‘s The Final Bar, guest John Kosar, CMT of Asbury Research shares his proprietary Asbury Six macro…
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