The National Association of Realtors (NAR) reported today that sales of existing homes (resales) were up slightly in September 2017 on a monthly basis. At a seasonally-adjusted annual rate of 5.39 million last month, that was practically unchanged from the
October 20, 2017
Stocks opened sharply higher and remained in positive territory for the entire session following the passage of a budget in the Senate, which was read as a sign of potential progress toward the Trump administration’s long-awaited tax reform plan. The
The S&P 500 opened Friday well above yesterday’s close and climbed throughout the day, closing with a daily gain of 0.51% and a weekly gain of 0.86%. Year-to-date, the index is up 15.02%. The U.S. Treasury puts the closing yield
Think back to the blaring headlines about the Great Promotion Rotation in the financial media in 2013. Perhaps the media circus started in January of that year when The Economist asked the question of whether the rise in bond yields signaled a “flight” out
Veritone Inc. (VERI) is a cloud-based cognitive software company. In other words, it is a developer of artificial intelligence (AI) platform. It develops an exclusive artificial intelligence platform for numerous markets, not only in the US, but also globally. Artificial intelligence
Former trader and current man who is going to stay on hold for about another 61 seconds before he rips the phone out of the wall and throws it through a window, Richard Brelsow, is “in a good mood,” on
Blame the storms… oh wait! Despite rate hikes, exuberant discussions from BoC speakers about the economy, and ‘hope’ – a lot of ‘hope’, Canadian retail sales plunged in August. This is the biggest drop in retail sales since Dec
As the Dow Jones Index hits another all-time high today, smart money is rushing to the exits. You see, smart money knows when something is too good to be true. Unfortunately for the retail investor, they are doing quite the
Investors seeking momentum may have Vanguard Healthcare ETF (VHT – Free Report) on their radar now. The fund recently hit a new 52-week high. Shares of VHT are up approximately 29.2% from the 52-week low of $120.38/share. But could there be more
We are in the thick of the Q3 earnings season now, with more than 700 companies on deck to release results this week, including 180 S&P 500 members. With results from 87 S&P 500 members already out, as of Friday,
