First off, the markets have been testing the lows of June for 6 days. Does this eventually give way or…
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Realtor.com Reports Weekly Active Inventory Up 29% Year-over-year; New Listings Down 10%
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released yesterday from Chief…
Continue ReadingThe Down 80 Percent Club
The world has turned upside down, or right side up, depending on your perspective. Everything that worked during the pandemic…
Continue ReadingPersonal Income increased 0.3% in August; Spending increased 0.4%
The BEA released the Personal Income and Outlays, August 2022 and Annual Update report: Personal income increased $71.6 billion (0.3…
Continue ReadingFriday: Personal Income & Outlays, Chicago PMI
Friday:• At 8:30 AM ET, Personal Income and Outlays, August 2022 and Annual Update The consensus is for a 0.3%…
Continue ReadingGNG TV: Risk-Off Environment Despite Key Support
In this week’s edition of the GoNoGo Charts show, Alex and Tyler review Wednesday’s upside move in the context of…
Continue ReadingADX Simplified
On this week’s edition of Stock Talk with Joe Rabil, Joe explains the ADX indicator, discussing how it gives us…
Continue ReadingLas Vegas August 2022: Visitor Traffic Down 10.9% Compared to 2019
Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions). From the…
Continue ReadingHotels: Occupancy Rate Down 1.5% Compared to Same Week in 2019
Note: The occupancy rate will increase next week due to Hurricane Ian. From CoStar: STR: US Weekly Hotel Occupancy Reaches…
Continue ReadingInflation Adjusted House Prices Declined Further in July
Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices Declined Further in July Excerpt: It has been…
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