As tensions in the Middle East rise, so will the price of a barrel of West Texas Intermediate (WTI) crude…
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BEA: Real GDP increased at 4.9% Annualized Rate in Q3
From the BEA: Gross Domestic Product, Third Quarter 2023 (Advance Estimate) Real gross domestic product (GDP) increased at an annual…
Continue ReadingNAR: Pending Home Sales Increase 1.1% in September; Down 11% Year-over-year
From the NAR: Pending Home Sales Grew 1.1% in September Pending home sales augmented 1.1% in September, according to the…
Continue ReadingWeekly Initial Unemployment Claims Increase to 210,000
The DOL reported: In the week ending October 21, the advance figure for seasonally adjusted initial claims was 210,000, an…
Continue ReadingTwo Defensive Sectors are Outperforming – What Does This Mean?
The only two sectors to close higher on Wednesday were in the defensive category, Consumer Staples (XLP) and Utilities (XLU).…
Continue ReadingNASDAQ NOSEDIVES, Down Over 2% At The Close!
In this edition of StockCharts TV‘s The Final Bar, guest Mary Ellen McGonagle of MEM Investment Research shares three stocks showing promise…
Continue ReadingWhy Microsoft Surged but Alphabet Tanked on Earnings
Tech giants Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) both posted higher earnings and overall earnings beats in the most recent…
Continue ReadingTesla Sinks on Soft Q3 Results, Is a Bounce Next?
Tesla (NASDAQ:TSLA) reported weaker-than-expected results for its third quarter, sending its shares lower. The electric vehicle (EV) maker lost as…
Continue ReadingWebsite to Check Tax Rebate Eligibility from Virginia Now Available
Governor Glenn Youngkin announced yesterday that the state will start distributing the rebate checks this week. Also, the governor announced…
Continue ReadingOctober Vehicle Sales Forecast: 16.0 million SAAR, Up 9% YoY
From WardsAuto: October U.S. Light-Vehicle Sales Looking Good Despite Strike-Related Inventory Losses (pay content). Brief excerpt: Sales are showing surprising…
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