Market Pulse: Strongest Housing Numbers Since the Last Boom
Housing is running at its strongest levels since the summer of 2006, according to numbers today. Here's today's report from the Commerce Department:
December housing starts totaled 1.669 million...
Tesla or General Motors? Check Out This Stunning Chart
General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car.
This chart compares the price...
Market Pulse: Energy Hasn’t Done This Since the Pandemic
Energy is the top performing sector this year by a wide margin. The SPDR Energy ETF (XLE) has advanced 13 percent so far in 2021, compared with a 0.3 percent gain for...
Banks Including JPMorgan and Citi Pull Back as Earnings Season Begins
Traders are taking profits in the banks as earnings season begins.
JPMorgan Chase (JPM), Citi (C) and Wells Fargo (WFC) announced quarterly results today. While their numbers were mixed,...
Facebook Crashes as Energy Soars: This Chart Shows the Massive Rotation Happening in the...
Stocks have barely moved this week. You almost wouldn't guess how much drama is swirling beneath the surface.
Major stocks like Facebook (FB), Amazon.com (AMZN) and Apple (AAPL) have...
Airbnb Tries to Break Out as Recent IPOs Fly Ahead of Established Tech Names
Airbnb and DoorDash are breaking out as investors shrug at old tech names like Facebook.
ABNB rose 5.7 percent yesterday and DASH rose 3.1 percent. Both pulled back from...
Intel Explodes Higher on New CEO. It Could Be a Very Big Deal
Intel just had a massive rally on some potentially huge news: Pat Gelsinger is the new CEO.
Gelsinger was the chipmaker's chief technology officer until 2012. During that time,...
Market Pulse: Materials and Construction Fly on Stimulus Hopes
Yesterday there was more evidence of big tech's fading importance: massive rallies in chemical stocks, industrial metals and construction firms.
The Dow Jones Heavy Construction Index ($DJUSHV) jumped 8.3...
Crisis Over? All of a Sudden, the Global Economy Is Looking Better
Energy stocks are rallying. Factories are reopening. Interest rates are rising. All of a sudden, economic data and the stock market are pointing to a broad recovery from the coronavirus pandemic.
Market Pulse: Homebuilder ETF: Oh Breakout, Where Art Thou?
Homebuilders were one of the strongest industries early in the pandemic as city dwellers headed to the suburbs. While the social trend has continued, bullishness has faded in the stocks.