Case-Shiller 20 City Home Price Index June 2017 Unchanged At 5.7 % Year-Over-Year Growth
The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth was unchanged at 5.7 %. The index authors stated, “Given current economic conditions and the tight housing market, an immediate reversal in home price trends appears unlikely.” Analyst Opinion of Case-Shiller HPI Many pundits believe home prices are back in […]
Bitcoin Soars To Record High $4,600
The prices of Bitcoin has exploded overnight, surging over 6% to a new record high above $4600 as demand from South Korea and Japan spurred more safe haven buying as gold and Treasury bond prices rose following North Korea’s most provocative missile launch yet. Heavy volume taking Bitcoin higher… We note that the big volume spike […]
Is Your Portfolio About To Burn To The Ground?
The economy is a forest. Individual stocks are like trees. As in, “We can’t see the forest for the trees.” Most of us focus on specific assets and the markets they inhabit. A basket of stocks in the S&P 500, for example. There’s danger in that. If you’ve chosen well, and your picks show nice […]
Home Prices Rose 5.8% Year-Over-Year In June
With today’s release of the June S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.1% month over month. The seasonally adjusted national index year-over-year change has hovered between 4.2% and 5.8% for the last twenty-eight months. Today’s S&P/Case-Shiller National Home Price Index (nominal) reached another […]
SPX Elliott Wave View: At Weekly Inflection Area
SPX S&P 500 Long Term Elliott Wave view suggests that the Index has reached the minimum target at 2234.35 to end a big cycle from an all time low. If we assume the Index starts from all-time low of 0, then the rally can be labeled as a zigzag Elliott Wave structure. The first leg wave […]
Tumbling Tuesday – NoKo’s Missile Test Over Japan Freaks Markets Out
It’s always something, right? We don’t know what specific event we are hedging against but mornings like this remind us WHY we hedge our portfolios. When the market is priced to perfection, it doesn’t take a great deal of effort to bring it down and, this morning, all it took was North Korea firing a […]
Apple, Accenture Partner To Create IOS Business Solutions
Apple (AAPL) and Accenture (ACN) are partnering to help businesses transform how their people engage with customers through innovative business solutions for iOS. The partnership will take full advantage of the power, simplicity and security of iOS, the leading enterprise mobility platform, and Accenture’s capabilities as a leader in industry and digital transformation to help […]
The Finish Line Shares Collapse On Lower Than Expected Earnings
The Finish Line, Inc. (NASDAQ: FINL ) The Finish Line, Inc., a national retailer of athletic shoes, apparel, and accessories for men, women, and kids company yesterday reported their preliminary second quarter 2017 financial results. Finish Line reported preliminary second quarter earnings to be in between $0.08 and $0.10 per share which fell short of […]
Day Trading Stock Picks For This Week – Tuesday, August 29
Day trading stock picks likely to move big (up or down) during the week of August 29: HTZ, CBI, SNAP, OAS, ENDP, OCLR, NBR, SWN, MOMO, AKS, FIT and CLF, plus several others. Hertz Global Holdings (HTZ) Average day range (30) is 8.4% and average volume (30) is 11.3 million. CBI Bridge and Iron (CBI) […]
