HOMZ News and Press, Hoya Capital Housing From 03/18/24

2024-03-18 22:50:00 ET Summary Three weeks ago, the year-to-date performance numbers for the S&P 500 Equal Weight index and the S&P 500 market cap-based index were 2.48% and 6.69%, respectively, a difference of 4.21%. As of last Friday (below), those numbers are 3.81% and ...

2024-03-18 19:50:00 ET Summary Earlier today, the National Association of Home Builders published its March reading on homebuilder sentiment. The headline index rose back above 50 and into expansionary territory. Albeit back in expansion, the index is only at the highest level...

2024-03-18 15:05:00 ET Summary The Magnificent Seven year-to-date average return is 13.8% versus the S&P 500 Index return of 7.6%. The market is experiencing bullish rotation where lagging sectors and stocks are attracting investor interest. However, from a seasonality per...

2024-03-18 13:05:00 ET Summary As trading weeks go, the second week of March 2024 resembled a disappointing roller coaster ride for investors. The S&P 500 climbed to a new record high of 5,175.27 on 12 March, 2024, but then went on to lose 1.1% of that new high value by the en...

2024-03-17 09:00:00 ET Summary U.S. equity markets declined for a second-straight week as benchmark interest surged to the cusp of three-month highs after a critical slate of inflation data showed uncomfortably elevated price pressures. Posting a second week of declines following ...

2024-03-15 20:35:00 ET Summary Looking at the weekly close of the 10-year US Treasury yield, the final yield print this week at 4.30% is the highest weekly closing yield since the 4.47% close in late November ’23. The forward 4-quarter estimate (FFQE) this week improved to ...

2024-03-15 20:05:00 ET Summary Investors have been waiting for a broadening out of the rally for even longer than they’ve been pricing in (and then pricing out) rate cuts. The S&P 500 closed at overbought levels for 40 straight days through the close on 3/14. We wou...

2024-03-14 19:46:00 ET Summary Potential opportunities in value plays. Has the magnificent seven run its course? Why utilities may be poised for a comeback. ... Read the full article on Seeking Alpha For further details see: Beyond The Magnificent...

2024-03-14 12:23:33 ET More related to mortgage rates: Strong U.S. Retail Sales May Help Extend The Dollar's Recovery Consolidation Featured Ahead Of Tomorrow's U.S. Retail Sales And Friday's Japanese Wage News Another Horrible Inflation Report - Why Is The Bond Mark...

2024-03-11 21:10:00 ET Summary While a 25% surge in the S&P 500 in four months sounds like a big rally, we were down over 10% in the previous three months, so it is not that big a move since July 31. This time around, we did not have an overall recession, even though some part...