Under-pricing one’s competitors is a double-edged sword. Sure, Tesla’s series of electric vehicle (EV) price cuts sparked a price war…
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What Stocks to Buy Today
One of the most important qualities a company can have is a competitive advantage so strong that it can dominate…
Continue ReadingRevisiting the 1987 Stock Market and Fishhoks
On September 7, 2023, I wrote about a “fishhook” structure formed in the Price Oscillator of the S&P 500. A…
Continue ReadingThursday: Unemployment Claims, Philly Fed Mfg, Existing Home Sales, Fed Chair Powell
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial…
Continue ReadingTop Penny Stocks to Buy Today
The term “penny stocks” is a bit of a misnomer, although this group certainly includes stocks that trade for under…
Continue ReadingMarket Has Stress Fractures but No Clear Breaks
CHART 1: MONTHLY CHART OF SPDR S&P 500 ETF (SPY). Considering everything: Yields and mortgage rates War Inflation and rising…
Continue ReadingNot 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…
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