General Motors stock surged about 15% to over $66 per share after the release of its third quarter earnings. The…
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NAHB: Builder Confidence Increased in October, Negative territory for 18 consecutive months
Catching up … The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 37, up…
Continue ReadingLA Ports: Imports and Exports Down YoY in September
Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints…
Continue ReadingNo AI = No Problem: Strong iPhone 17 Sales Power Apple to New High
Apple soars to $3.9 trillion market cap off surprisingly strong iPhone 17 sales. Despite lagging far behind in AI, Apple…
Continue ReadingTuesday: Mortgage Rates Near 3-Year Lows
From Matthew Graham at Mortgage News Daily: Another Boring Day With Mortgage Rates Near 3-Year Lows [W]e’re hanging out near…
Continue ReadingBitcoin Miner Stock Soars on Expansion into AI Data Centers
CleanSpark stock was on the move Monday on news that the Bitcoin miner was expanding into new horizon, specifically, AI…
Continue ReadingHere’s The Best Buffett Stock – And Its Not Apple or Amazon
Over the past 60 years or so, Berkshire Hathaway’s multi-billion stock portfolio has averaged almost a 20% return each year.…
Continue ReadingCalifornia Home Sales Up 6.6% Year-over-year SAAR in September
Today, in the Calculated Risk Real Estate Newsletter: California Home Sales Up 6.6% Year-over-year SAAR in September A brief excerpt:…
Continue ReadingHousing October 20th Weekly Update: Inventory Up 0.3% Week-over-week
Altos reports that active single-family inventory was up 0.3% week-over-week. Inventory usually starts to decline in the fall and then…
Continue ReadingAmazon Stock Recovers After AWS Outage
An AWS outage effected millions of customers Monday morning. Mondays are never easy, but this particular Monday got off to…
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