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Existing Home Sales Decline For The Eleventh Straight Month
Article By:
Mish Shedlock
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Friday, January 20, 2023 1:02 PM EDT
It was nearly a clean sweep for existing home sales in 2022, down every month except January.
Gold, Miners Golden Crosses
Article By:
Adam Hamilton
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Friday, January 20, 2023 12:25 PM EDT
Gold and its miners’ stocks both just flashed major Golden Cross buy signals. These powerfully-bullish indicators are among the best in all of technical analysis, widely followed and revered.
Lower Gas Prices Offer Rare Good News For Squeezed UK Consumers
Article By:
ING Economics
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Friday, January 20, 2023 12:01 PM EDT
Persistent falls in UK retail sales are another reminder that the UK is still entering a downturn.
In this article: EWU
Existing Home Sales And Prices Decline; Plus, A Closer Look At Multi-Unit Housing Construction
Article By:
New Deal Democrat
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Friday, January 20, 2023 11:52 AM EDT
December sales declined another -1.5% to 4.02 million annualized, a -34% YoY decline.
Short-Term Government Bonds Suggesting Fed Funds Peak
Article By:
Chris Kimble
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Friday, January 20, 2023 11:42 AM EDT
In 2022, investors watched the Federal Reserve hike interest rates very quickly. And this in turn saw bond yields move much higher.
The Week Ahead – Earnings May Reveal Cost Of High Interest Rates
Existing-Home Sales: Retreat For 11th Consecutive Month
Article By:
Jill Mislinski
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Friday, January 20, 2023 11:15 AM EDT
This morning's release of the December Existing-Home Sales showed that sales fell slightly to a seasonally adjusted annual rate of 4.02 million units from the previous month's 4.08 million.
Suncor Energy Has A Bright Future
Article By:
Gregor Horvat
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Friday, January 20, 2023 11:02 AM EDT
Suncor Energy has a bright future, as we see it turning bullish since March 2020 lows by Elliott wave theory.
In this article: SU
"Another Difficult Month For Buyers": US Existing Home Sales Suffer Biggest Annual Drop Ever
Article By:
Tyler Durden
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Friday, January 20, 2023 10:50 AM EDT
US existing home sales dropped for the 11th straight month in December (-1.5% MoM - slightly less than expected thanks to downward revisions of previous months), leading to a record 34% drop year-over-year.
TikTok’s Best U.S. Charm Offensive Involves An IPO
Article By:
Lipper Alpha Insight
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Friday, January 20, 2023 10:41 AM EDT
The chief executive of the social media app owned by China’s ByteDance is trying to persuade U.S. officials that it will protect American users’ data. The company’s best defense is to add some transparency through an initial public offering.
Bulls Waking Up
Article By:
Monica Kingsley
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Friday, January 20, 2023 10:21 AM EDT
Crude oil keeps fighting around $81 – and doing well there. Modest appreciation is expected next, the $88 area will be a tough nut to crack.
Silver Setting Up For An Aggressive Move When The Manipulation Breaks
Video By:
Gary Savage
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Friday, January 20, 2023 10:12 AM EDT
A look at the precious metals market.
In this video: SLV