Previous 10 | Next 10 |
With long-term U.S. rates near 3% and short-term rates soon to rise to near 1%, the U.S. dollar will stay stronger than the euro, whose official rate remains near zero, so the world will keep buying U.S. dollars. This week, we get the official first estimate of first-quarter GDP. Than...
Historically, a recession followed when 50% or more of the tracked yield curves became inverted. Every time. Interestingly, many of the data points suggesting the “economy is booming” are lagging indicators subject to significant negative revisions in the future. Eve...
US Treasury yields have continued to move higher with mortgage rates rising in tow. Bankrate.com’s national average for a 30-year fixed rate mortgage has now eclipsed 5.25% in the past week which is an over 2 percentage point increase year over year. Higher rates mean less ...
Are rising rates starting to slow the red-hot housing market? Inflation in Canada hits 31-year high. Could COVID-19 lockdowns cause China to miss its growth target? For further details see: Is China's 2022 Growth Target Still Attainable?
Today, I feel bearish and I think new buyers need to be extremely prudent in navigating their home purchasing decision. In recent months, I’ve noticed a consistent trend - benign houses that were $1MM in 2016 are now selling for $2MM. Consumer balance sheets are much health...
Real estate earnings season kicks off this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. Despite the historic surge in interest rates over the past quarter driven by expectations of Fed monetary ti...
Builders started construction on 147,400 privately owned housing units of all types in March, the biggest March since 2006. Construction starts of units in buildings with five or more units rose to a seasonally adjusted annual rate of 574,000 units. However, when investors buy hou...
Higher housing costs have been triggered by rising incomes enabling people to ditch their roommates. The current market differs greatly from the early 2000s when new home construction was triggered by speculation. In 2021, 1.6 million new housing units were started, compared to 1....
Housing affordability is even more strained as prices continue to rise and mortgage rates surge. This is prompting a slowdown in transactions, and with more supply likely coming to the market in coming quarters, the chances of a housing slowdown are growing. This, in turn, could b...
Sales of existing homes decreased 2.7 percent in March, to a 5.77 million seasonally adjusted annual rate. For the single-family segment, inventory was up 12.2 percent for the month at 830,000 but is 6.7 percent below the March 2021 level. Housing is likely to be volatile over the...
News, Short Squeeze, Breakout and More Instantly...
Direxion Daily Homebuilders & Supplies Bull 3X Shares Company Name:
NAIL Stock Symbol:
NYSE Market:
2024-08-02 09:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-07-03 08:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
A look at the top 10 most actives in the United States Yield10 Bioscience Inc. (YTEN) rose 135.5% to $0.5722 on volume of 57,300,938 shares Direxion Daily Semiconductor Bear 3X Shares (SOXS) fell 8.7% to $3.16 on volume of 30,926,102 shares Kaival Brands Innovations Group Inc. (KAVL) rose...