Previous 10 | Next 10 |
2023-06-10 09:24:10 ET Summary The Fed needs to continue hiking rates until there is obvious damage to the economy and financial markets. The heavily shorted homebuilders are the most indicative of the recent FOMO bounce in stocks, in expectation of the Fed's pause. The labor ...
2023-06-08 12:13:23 ET Mortgage rates decreased this week after three consecutive weeks of climb, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.71% as of June 8, down from last week when they averaged 6.79% and up from 5.23% a year a...
2023-06-06 10:43:00 ET Summary The reduction in new home sale prices in April 2023 combined with a small reduction in mortgage rates to boost their affordability. After increasing to 6.5% in March 2023, the average interest rate on a 30-year conventional mortgage dipped back to 6....
2023-06-06 05:38:00 ET Summary The US economy faces concerns such as Fed tightening, high inflation, tighter bank lending standards, and leading indicators pointing to a potential downturn. The job market remains solid, but some worsening data suggests that its strength may have p...
2023-06-06 02:44:07 ET Summary Despite high mortgage rates and lower sales, home prices in the US are increasing again due to low inventory levels. The "months of sales" ratio indicates that demand is again exceeding supply, putting upward pressure on home prices. High mortgag...
2023-06-05 09:20:00 ET Summary The stock market surged last Friday after the employment report showed a gain of over 300k jobs while the year-over-year change in average hourly earnings fell to 4.3%. The rally in REITs and small-cap value may be more important because sentiment is...
2023-06-04 09:00:00 ET Summary U.S. equity markets rebounded this week as a critical slate of employment data provided evidence of a 'soft' economic landing, showing stronger-than-expected job growth combined with a cooldown in wage pressures. Closing the week at its highs for the...
2023-06-01 12:15:17 ET Long-term mortgage rates inched up as the markets priced in a possible rate hike, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgage rates averaged 6.79% for the week ending June 1, up from last week when they averaged 6.57% an...
2023-06-01 09:00:26 ET Summary Rates Up, REITs Down? Whether fundamentally justified or not, commercial and residential real estate markets continue to bear the brunt of the Federal Reserve's historically swift monetary tightening cycle. Commercial real estate, in particular, has ...
2023-06-01 02:00:00 ET Summary Spring selling season was a dud. But what comes next may be worse, that’s what mortgage applications and investors tell us. The average interest rate on 30-year fixed-rate mortgages with conforming balances jumped to 6.91%, the highest since N...
News, Short Squeeze, Breakout and More Instantly...
SPDR Series Trust Homebuilders Company Name:
XHB Stock Symbol:
NYSE Market:
2024-06-25 18:00:00 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...
2024-06-15 19:02:00 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...
2024-05-15 05:52:00 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...