from the National Association of Home Builders (NAHB) Firming home prices in markets across the country contributed to a slight dip in nationwide housing affordability in the third quarter of 2014, according to the National Association of Home Builders/Wells Fargo
November 13, 2014
I often talk about watching market internals during a rally out of a dip for signs that confirm the run. Indicators that are derived from price are mostly showing confirmation, but many other market internals are lagging price. This lag
Inflation The hype is dying. 10 years of inflation hysterics have gone down the drain even as global policy makers pull out inflationary bazookas and use them at the slightest hint of economic trouble. The BoJ’s recent action was just
Kohl’s Corporation (KSS – Analyst Report) posted third-quarter fiscal 2014 earnings of 70 cents per share, missing the Zacks Consensus Estimate of 76 cents by 7.9% and prior-year quarter earnings by 14%. On a year-over-year basis, both revenues and earnings dropped as comps
Mean Reverting Profits Earlier this week I discussed the growing detachment between the stock market and the“real” underlying economy. One of the areas I touched on was corporate earnings that have been elevated by an immense amount of accounting gimmackry, cost cutting,
It appears the rumors are true. Islamic State is set to become the only ‘state’ to back its currency with gold (silver and copper) as it unveils the new coins that will be used in an attempt to solidify its makeshift
Written by Gary The averages pulled back fractionally from the morning highs to trade sideways just above the unchanged line. By noon the markets were sometimes plunging into the anemic volume levels and further market direction is not at certain. Be
After six weak quarters in a row, Wal-Mart Stores Inc.’s (WMT – Analyst Report) third quarter fiscal 2015 earnings came in line with estimates, while revenues were better-than-expected. The company however narrowed its guidance for fiscal 2015. Walmart’s fiscal third quarter 2015 adjusted
Peter Schiff sat down with Axel Merk at the New Orleans Investment Conference to discuss the role of physical gold in an investment portfolio. Video Length: 00:11:45
The BLS Job Openings and Labor Turnover Survey (JOLTS) can be used as a predictor of future jobs growth, and the predictive elements show that the private non-farm job opening growth rate declined slightly. However, the current rate is quite
