HOMZ News and Press, Hoya Capital Housing From 12/31/23

2023-12-31 08:10:00 ET Summary Mortgage rates have dropped, but not enough to stimulate a surge in home buying. Pending home sales remain at historic lows, indicating a frozen market. Purchase mortgage applications are significantly down compared to previous years, suggesting ...

2023-12-30 11:53:38 ET Summary The C/C Ratio is now the only control in the investment strategy since the adoption of online savings accounts in 2020. The S&P 500 Index has become a dual-control system in the investment strategy. The recent surge in the S&P 500 Index h...

2023-12-28 12:15:40 ET More related to mortgage rates: Mass Debt Maturity Wall Will Likely Pressure The FED To Capitulate U.S. Dollar Gets Even Stronger As Long-Term Yields In The U.S. Rise More downside risk than upside surprise in 2024 outlook - analyst Peo...

2023-12-28 06:30:00 ET Summary The markets have been so fixated on forecasting a recession and ensuing rate cuts that they have ignored an abundance of data pointing to the early stages of a manufacturing-led expansion. It appears the market may have been mispriced amid the Federa...

2023-12-28 01:45:04 ET More on Hoya Capital Housing Housing market struggles as mortgage rates hit 23-year highs Equity REITs raise 84.7% more capital in September from last year Seeking Alpha’s Quant Rating on Hoya Capital Housing Dividend scorecard f...

2023-12-27 06:20:00 ET Summary S&P 500 Equal Weight Index has reached new 52-week highs. Based on the market action, seeing small caps and financial stocks rally dramatically says the market does not anticipate a recession in 2024. The shortage of houses causes housing pri...

2023-12-25 03:12:00 ET Summary Calendar 2023 is a perfect example of the S&P 500 returning 24-25%, with one week left in the year, while S&P 500 earnings are up just 2% before we’ve seen Q4 ’23 earnings. There is no question that 2023 is a year of P/E expansi...

2023-12-24 01:02:00 ET Summary The S&P 500's 10-day advance-decline line has shown positive readings 57.9% of the time in 2023 and is right in line with the annual average dating back to 1990. The 10-day advance-decline line has pretty consistently sat at least one standard de...

2023-12-20 07:04:00 ET Summary Construction starts of single-family houses in November rose by 6.6% from the prior month, to 86,100 starts not seasonally adjusted, when normally in November, construction starts drop. Construction starts of multifamily housing units in buildings wi...

2023-12-19 04:08:00 ET Summary The SPX index closed out the week at 4719.19, almost a 2.5% increase over where it closed the previous week. After the bulls were let loose on Wednesday, the S&P drifted slightly higher through the rest of the week as Fed officials sought to walk...