New home sales fall but revised data shows a surge in June
New home sales came in below estimates but there was a huge revision to the June data.
Read MoreNew home sales came in below estimates but there was a huge revision to the June data.
Read MoreU.S. Manufacturing activity contracted in August, dropping below 50 for the first time since September 2009.
Read MoreLower mortgage rates helped to provide a boost to home sales in July.
Read MoreThe market rally over the past two days has been almost as dramatic as the 3% drop that preceded it, and neither may be “signaling” anything regarding direction. We…
Read MoreAfter the third straight negative week, the S&P 500 (SPX) has started Monday looking for a rebound, up over 1% on the open. Keep an eye out Friday as…
Read MoreThe University of Michigan Consumer Sentiment Survey was released at 10am and it showed the three components of sentiment all moved lower.
Read MoreThe equity market is getting closer to where we would like to get more offensive following the expected correction. We believe one more push lower would likely cause all…
Read MoreIn our view, the market is still in the corrective process that should set the stage for the next intermediate-term leg higher as the Fed gets more aggressive in…
Read MoreAfter a volatile week in the market we are keeping an eye out for this week’s economic data. The upcoming week will feature a number of significant economic data…
Read MoreThe Bureau of Labor Statistics (BLS) reported that the producer prices continued to show a lack of inflation.
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