Category Archive: Finance, No picture

Warm Summer Housing Call Meets Rotation

Warm Summer Housing Call Meets Rotation

Image Source: Unsplash In this short clip, Samantha LaDuc discusses the potential uptick in home building-related stocks and mortgage lending companies, as falling yields and short covering could enhance their market performance. She highlights specific companies like Redfin, Open Door, and Lending Club, suggesting a bullish outlook.Video Length: 00:04:39More By This Author:Timing Deflation And QQQ Top […]
FTSE Posts Best Returns In Two Months

FTSE Posts Best Returns In Two Months

Image Source: Pexels London stocks saw an increase on Thursday as a variety of corporate earnings reports were released. Despite a slowdown in British wage growth, the levels remained high enough to potentially impact the Bank of England’s inflation target. The FTSE 100 index rose by 0.47%, marking its best performance in two months, while the […]
The Residual Effect On Rent Inflation Of The Eviction Moratorium

The Residual Effect On Rent Inflation Of The Eviction Moratorium

Today’s column will be a brief one because it’s summertime and the people on the beach generally don’t read my column. I saw a headline today for an article on Realtor.com. “June 2024 Rental Report: Median Asking Rents Continue to Fall.” Here is the first chart, under the title ‘Rents Decline Again,’ which unironically shows […]
ECB’s Lagarde: We’re Ditching Forward Guidance

ECB’s Lagarde: We’re Ditching Forward Guidance

Image Source: Pixabay  The press conference following the ECB’s announcement to keep its policy interest rates unchanged confirms that, at least for now, the ECB has given up on forward guidance. And rightly so…  A meeting-by-meeting approachIt comes as no surprise that the European Central Bank kept its policy interest rates unchanged. There simply haven’t been […]
Russell 2000 Earnings Dashboard 24Q2 – Thursday, July 18

Russell 2000 Earnings Dashboard 24Q2 – Thursday, July 18

Image Source: Unsplash  Russell 2000 Aggregate Estimates and Revisions The 24Q2 Y/Y blended earnings growth estimate is 17.5%. If the energy sector is excluded, the growth rate for the index is 28.5%. Of the 57 companies in the Russell 2000 that have reported earnings to date for 24Q2, 73.7% reported above analyst expectations. The 24Q2 Y/Y blended revenue growth estimate is 0.4%. If the energy sector is excluded, the growth rate for […]
Sensex Today Rallies 627 Points; Nifty Tops 24,700 Mark

Sensex Today Rallies 627 Points; Nifty Tops 24,700 Mark

After opening the day on a negative note, Indian share markets reversed the trend as the session progressed and ended on a firm footing.Indian stock markets firmed up in the second half of the trading session on the back of fresh buying in IT, FMCG, banks, and telecom stocks.At the closing bell, the BSE Sensex stood higher […]
Jobless Claims Join Other Data Series Inching In The Direction Of Yellow Caution Territory

Jobless Claims Join Other Data Series Inching In The Direction Of Yellow Caution Territory

Ever since jobless claims started higher in May, I’ve cautioned that I suspected that unresolved seasonality may be at play. We are now at the point where claims were at their low points for all last summer. In other words, last week through next weeks are the acid test for that hypothesis. Last week the […]
Chart Of The Day: StepStone – Diversified Asset Management

Chart Of The Day: StepStone – Diversified Asset Management

Image Source: Pexels  The Chart of the Day belongs to the asset management company StepStone Group (STEP). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts […]
What Can We Expect When The Fed Cuts Rates

What Can We Expect When The Fed Cuts Rates

On Tuesday, we published Fed Rate Cuts – A Signal To Sell Stocks And Buy Bonds? The article presents a historical context for what investors can expect when the Fed cuts rates. Unlike the bullish sentiment prevailing around rate cuts, historical reality has not been so friendly to equity investors.So what can we expect? Given that historical […]
D.R. Horton, Inc. Beats Market Expectations With $10 Billion In Q3 Revenues

D.R. Horton, Inc. Beats Market Expectations With $10 Billion In Q3 Revenues

Image Source: Unsplash  D.R. Horton, Inc. (NYSE: DHI), America’s Builder, reported robust financial results for the third quarter of fiscal 2024. Net income per diluted share increased by 5% to $4.10, up from $3.90 in the same quarter of the previous year. The company’s net income experienced a modest 1% rise, reaching $1.35 billion compared to $1.34 […]