Homebuilder sentiment improved for the second month
The National Association of Homebuilders (NAHB) reported confidence among U.S. builders improved for the second month in February. The NAHB Index rose to 62 from 58 in January. This…
Read MoreThe National Association of Homebuilders (NAHB) reported confidence among U.S. builders improved for the second month in February. The NAHB Index rose to 62 from 58 in January. This…
Read MoreWe found another breadth thrust extreme that suggests the market should see new highs in 2019, and any pause in the upside should be temporary. On…
Read MoreFollowing a week that saw the three major indices rise between 1.5% and 2.5%, this week will feature several economic data releases, although none considered major. The most important…
Read MoreThe advance retail sales data showed a big drop in spending in December.
Read MoreHighlights A measure to limit stock buybacks was unveiled by several senators last week Such a measure has little chance of being enacted for at…
Read MoreThe Consumer Price Index data (CPI) released this morning from the Bureau of Labor Statistics showed inflation remained tame in January
Read MoreIf anyone ever wondered what the drives the market, the last few months has proven it is the perception of Fed policy. The Fed made policy and communication…
Read MoreThe monthly JOLTS report (Job Openings and Labor Turnovers Survey) released by the Bureau of Labor Statistics (BLS) set another new record in December.
Read MoreThe National Federation of Independent Businesses (NFIB) released the small business optimism index this morning and it showed businesses continued to be less confident in January.
Read MoreFollowing an abnormally quiet week of economic data that saw the S&P remain essentially flat, this week will feature a slew of economic data as we begin to catch…
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