CHART 1: MONTHLY CHART OF SPDR S&P 500 ETF (SPY). Considering everything: Yields and mortgage rates War Inflation and rising…
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Not Quite a No-Brainer
There is no such thing as a no-brainer when it comes to predicting the future. I was reminded of this…
Continue Reading30-Year Mortgage Rates Hit 8.0%; California Home Sales Down 21.5% YoY in September
Today, in the CalculatedRisk Real Estate Newsletter: 30-Year Mortgage Rates Hit 8.0% Excerpt: Mortgage News Daily reports 30-year fixed rate…
Continue ReadingFed’s Beige Book: “Little to no change in economic activity”
Fed’s Beige Book “This report was prepared at the Federal Reserve Bank of St. Louis based on information collected on…
Continue ReadingAIA: Architecture Billings “New Decline in Business Condition”; Multi-family Billings Decline for 14th Consecutive Month
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From the AIA: AIA/Deltek Architecture…
Continue ReadingThe Ord Oracle: October 18, 2023
SPX Monitoring purposes: Long SPX 9/28/23 at 4299.70. Gain since 12/20/22: 15.93%. Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78.…
Continue ReadingBank Reports Show US Consumer Remains Strong
After solid reports from JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC), and Citigroup (NYSE:C), traders turned their focus to Goldman Sachs and…
Continue ReadingMinnesota Child Tax Credit: Eligible Families To Get $1,750 in 2024
After the end of the federal monthly child tax credit, several states came up with their own version of the…
Continue ReadingChina in Recovery Mode: 3 Stock Picks to Consider Now
The age-old principle of “know what you own” certainly applies to the world of stocks. However, this doesn’t necessarily preclude…
Continue ReadingHome Construction ETF Breaks and a Home Builder Sets up for Further Downside
The Home Construction ETF (ITB) led the market the first seven months of the year, but fell on hard times…
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