Housing Data
The S&P Case-Shiller national home price index came in slightly below expectations, with a 0.1% decrease for the month of September. The index has gained +3.9% over the last 12 months, down from +4.3% last month. The gains were broad based nationwide.“Home price growth stalled in the third quarter, after a steady start to 2024,” […]
The Long Leading Indicator Of Corporate Profit Growth Stalled In Q3
Perhaps the most important economic news released so far this week was this morning’s update on Q3 corporate profits. While it is not a good thing for society for profits to outpace wages and salaries on a sustained basis, it is almost always not a good thing for the economy for profits to decline. That’s […]
Bears Still Wrong – 47,000 Up Next
I am planning on a number of timely year-end financial and tax strategy blogs next month. I am always amazed at how few financial advisors do their jobs properly and look out for clients’ best interests as year-end approaches. Now is not the time to get lazy.The strong pre-Thanksgiving seasonal trend looks to be a […]
3 Holiday Stocks To Watch This Season
Image courtesy of 123rf.com According to the National Retail Federation (NRF) forecast, 183.4 million Americans will participate in this holiday season’s shopping spree, up 1.4 million from last year. From November to December, this would bring in between $979.5 billion and $989 billion in retail sales, at an expected annual growth of 3.5%. But against seasonal trends, […]
Softs Report – Wednesday, Nov. 27
COTTON General Comments: Cotton was mixed and little changed yesterday and the trends are still turning up in this market. Selling came from news that Trump will impose some big tariffs on China, but the tariffs posted were not as high as he had threatened before during the campaign. Support came from a very strong […]
Real Spending Rises 0.1 Percent, Real Disposable Income Up 0.4 Percent
The BEA’s Personal Income and Outlays report for October shows real (inflation-adjusted) disposable personal income rose 0.4 percent but real spending rose 0.1 percent.To arrive at real numbers, subtract the PCE price index spending and income. Rounding accounts for apparent difference (e.g the PCE price index was rounded down to 0.2 but current dollar spending was rounded […]
2 High Dividend Coal Stocks To Buy
Image Source: Pixabay Coal production is on the decline in several parts of the world. As a result, some investors have considered coal stocks dead from a long-term perspective.However, this is far from true. Consumption of coal remains robust in many parts of the world, such as the emerging markets. And demand for coal has stabilized […]
S&P 500, Nasdaq Set To Snap Win Streaks As Tech Cools
Tech stocks are sending Wall Street stumbling into the Thanksgiving holiday. The Nasdaq Composite (IXIC) is carrying a triple-digit deficit and eyeing its first loss in the last five sessions, as investors take profits before Thanksgiving. The Dow Jones Industrial Average (DJI) has pared modest gains and was last seen lower, while the S&P 500 […]
Unlocking ASX Trading Success – Unibail-Rodamco-Westfield
ASX: UNIBAIL-RODAMCO-WESTFIELD – URW Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with UNIBAIL-RODAMCO-WESTFIELD – URW. We see ASX:URW continuing to push higher.ASX: UNIBAIL-RODAMCO-WESTFIELD – URW 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minor degree, grey)Mode: MotiveStructure: ImpulsePosition: Wave ((iii))-navy of Wave 3-greyDetails: Wave ((iii))-navy is unfolding to […]
US Stock: Innoviva
Company: Innoviva IncorporatedBloomberg ticker: INVA USMarket cap: US$1,239mBackground: Innoviva Incorporated is a healthcare focused asset management company. The Company intends to participate in the development, commercialization and financial management of bio-pharmaceuticals. World Class Benchmarking of Innoviva Profitable Growth rank of 1 was same compared to the prior period’s 1st rank This is World Class performance compared to 350 medium […]
