Independent thinking for complex markets and current events
Money Market Funds Hit Record High 🚨 Money Market Funds hit an all-time high of $6.15 Trillion pic.twitter.com/ThISOru1D9 — Barchart (@Barchart) July 8, 2024 Money Market Funds have surged to an impressive all-time high of $6.15 trillion. These funds are a type of short-term investment that typically invest in low-risk, highly liquid assets, such as …
Active housing inventory in the United States continues to recover. Home Inventory is at a current level of 1.28M. Increased from 1.20M last month and up from 1.08M one year ago. This is a change of 6.67% from May 24 and 18.52% from June 23. pic.twitter.com/7tp47oiYcb — AKM (@akm515) July 2, 2024 1) The inventory …
Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears Bitcoin’s price fell under $55,000 for the first time since February. At one point in time, the entire cryptocurrency market shed more than $170 billion in combined market capitalization in the last 24 hours. On Friday, the trustee for the …
The pandemic left the U.S. labor market badly overheated. Reopening businesses panicked at labor shortages, paying big raises to hire. As prices shot higher, fears rose of a wage-price spiral. Recently, though, the labor market has cooled, and indeed, looks like something close to normal. Unemployment has crept up from a half-century low of 3.4% …
* The U.S. Stock Market is beginning to look as vulnerable as it was in 1974 (Nifty Fifty) and 2000 (https://t.co/kyaXDnq5WV) – similar periods of narrowness in market leadership and participation* The supporting actor in this cycle is market structure – in which traders,… https://t.co/V4VjlInhET — Dougie Kass (@DougKass) July 2, 2024 though we did …
Florida’s Condo Market: Issue: Florida’s condo market is facing challenges. Reasons: Rising Costs: Homeowners insurance costs have surged by about 40% in 2023 alone, and homeowners association (HOA) fees are increasing due to new condo regulations. Extreme Weather: Florida has experienced extreme weather events like storms and hurricanes, leading to higher home insurance premiums or …
Despite recent highs in the S&P and Nasdaq, Rosenberg warns of imminent economic downturns that could have devastating effects. From rising delinquency rates in consumer credit to the bursting of the Canadian housing bubble, tune in to discover a what lies ahead for our economy and your portfolio.
Small investors are a levels of bullishness that is usually only seen at major market tops. It’s probably time to start de-risking (47 sec). Treasury bills provide a return than stock market earnings yield right now. Also a very bearish harbinger. Do with it as you will. Not investment advice. Dumb Money Confidence Index: The …
The stock market is a casino and rigged against the little guy, Dave Portnoy has said. pic.twitter.com/HlQc9bNd2i — unusual_whales (@unusual_whales) June 23, 2024
Jensen timed the market perfectly, selling at this week’s peak. His best price was $140.24 vs. the top of the week was $140.76 byu/gorillaz0e inwallstreetbets
1) US STOCK MARKET WARNING 2) S&P 500 hit its 31st all-time high this year and is up 15%. 3) Is NVIDIA at an inflection point? 4) The US economy continues deteriorating. Read below the weekly market recap for the trading week 25/2024👇https://t.co/CtDDeknZSF — Global Markets Investor (@GlobalMktObserv) June 24, 2024 https://twitter.com/MFHoz/status/1804899212238201115 Won't be long …
The S&P 500 has gone 377 days without a 2.05% sell-off. That’s the longest stretch for the benchmark since the great financial crisis, according to FactSet data compiled by CNBC. This market lull comes as investors pile into megacap tech stocks, such as Nvidia, amid bets that artificial intelligence will boost profits. Wall Street’s climb …
Recent Closures: Dollar Tree announced plans to close 1,000 stores. Burger King also plans to close 400 stores. Other brands have filed for Chapter 11 bankruptcy protection and closed sites across the country.
The Florida housing market has been experiencing notable shifts. While the overall state-level home prices have been steadily growing, there are specific areas where inventory has surged dramatically. For instance, in ZIP codes like Port Richey, located north of Tampa, listings have nearly tripled compared to last year, with a staggering 248% growth in listings year-on-year. This surge in inventory …
This is the most unaffordable US housing market Home prices, adjusted for inflation, are much higher than even the peak of the pre-Financial Crisis period To put this into perspective: Median home prices had reached $350,000 in 2006 Today, it is just shy of $400,000 pic.twitter.com/9EqDrYGSmF — Bravos Research (@bravosresearch) June 17, 2024 Housing is …
The narrative is changing? BofA: The market is now more concerned about growth than rates pic.twitter.com/VcF11jM6Ko — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) June 17, 2024 This month, US households' real income expectations hit the lowest levels in over a decade. pic.twitter.com/dqk9as12aY — (((The Daily Shot))) (@SoberLook) June 17, 2024
Everybody knows it but nobody is giving it any serious consideration: the entire market is being driven by Nvidia, Apple and even GameStop. And when one, if not all three of these names starts to experience some selling, they are likely taking the whole market with it. I have been making note of the fact that Apple and …
The Bank of Japan has announced it will start reducing bond buying, following years of purchasing nearly every financial asset available. The financial market in Japan is broken. Things are moving in slow motion. — Gold Telegraph ⚡ (@GoldTelegraph_) June 14, 2024 This is just tremendous! Every time the Bank of Japan tries to help …
This was doing the rounds a while back (not sure of the source, but the numbers seem plausible to me)https://t.co/5QQUZScubn — The Baron of Watford 🇬🇧🇸🇬🇺🇦🇹🇼 (@rickysingtrader) June 11, 2024 Supply Chain Disruption: Taiwan plays a crucial role in the global technology supply chain, particularly in semiconductor manufacturing. An invasion could disrupt the production and distribution …
In US BLS numbers for Q3 (published end April) should have been the wake-up call, but everyone still asleep at the wheel. 190k jobs destroyed over Q3 (600 k creations were expected from nfp surveys). Talking about hard data… — Manu (@SolalM) June 11, 2024 Global labor market slowdown is underway UK Claimant claims largest …
via Tom McClellan The SP500 is up to a new all-time high, but the NYSE’s Advance-Decline (A-D) Line is not confirming that. This is a sign of trouble, because it means that the concentration of buying in certain big cap stocks which drive the major averages is not being confirmed by what the rest of …
So if a anything bad happens to NVDA, SPY go poo poo drain? h/t MarketLab
"Using the cyclically adjusted price/earnings ratios published by Barclays Bank Plc, India recently overtook the US to become the world’s most expensive major stock market."@johnauthers pic.twitter.com/anXhnW2Fzq — Daily Chartbook (@dailychartbook) June 6, 2024 CAPE in economic terms refers to the Cyclically Adjusted Price-to-Earnings Ratio (CAPE ratio). It’s a valuation metric used to assess the stock market’s …
Nividia stock price is Unsustainable. I’m sure Mr. Buffett is laughing! — Kerby Roberson (@KMACKROB) June 5, 2024 Nvidia vs Cisco How we looking ? pic.twitter.com/Pxi9XE5i4V — The Great Martis (@great_martis) June 5, 2024
The over-7% mortgage rates seem to have become a fixture in the housing market. The average conforming 30-year fixed mortgage rate edged up to 7.07% in the latest week, and has now been above 7% since early April, according to the Mortgage Bankers Association today. During Rate-Cut-Mania, the average mortgage rate had dropped to 6.76% …
Nvidia accounts for a staggering 43% of the S&P 500’s gains year-to-date, highlighting the dismal breadth of the market. Many stocks are down while tech continues to monopolize attention, reminiscent of the unsettling patterns seen in 2008. If you’re bullish and believe the Fed will cut rates soon, you must recognize that stocks are now …
The steep fall is due to the results so far falling short of the exit polls, which the market had discounted yesterday. Moreover … it is possible that Modi 3.0 may not be as reform-oriented as the market expected and may turn more welfare- riented. — stan1m1r (@stan1m1r) June 4, 2024
The number of NEW single-family houses for sale has surged to 480,000 in April, the highest since the 2008 Financial Crisis. Excluding the 2008-2009 housing crisis this is by far the largest supply of new homes in US history. Here’s the FRED chart in case anyone questions the veracity of the chart: https://fred.stlouisfed.org/series/HNFSEPUSSA New home …
