US Housing Demand Surprises Pessimistic Economists

US Housing Demand Surprises Pessimistic Economists

FLASH: More on The Trump Policies ‘working’; Contracts to buy previously owned homes rose to 8-month highs in March, the National Association of Realtors said Tuesday. The NAR’s pending home sales index increased to a reading of 105.8, +3.8% from the previous month and the highest since July. February’s index was unrevised at 101.9. Economists polled […]

Commentary: Paul Ebeling on Wall Street

$DJIA,  $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start this week again testing the bottom of the range formed with by the selling that began in October. The S&P 500 cracked 2600 and supposedly that sets up more Southside action. Sentiment is extreme as reported by the AAIA, outflows from stocks are at […]

Commentary: Paul Ebeling on Wall Street

 $DJIA,  $SPY, $QQQ, $RUTX, ,$VXX The US major stock market will start the week testing the bottom of the range formed with by the selling that began in October. The patterns and technical indicators suggest a move from where the major indexes closed Friday back up to the November highs. After a reversal off the trading […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Just 12 days ago everybody on The Street was celebrating Thanksgiving in a very cautious market mode, they came back to their desks, and triggered a Key reversal in the major US stock market indexes that was confirmed on Friday, 30 November and […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $SPY, $VXX Last week everybody that is anybody was away celebrating Thanksgiving, now they are back to their desks, that is if not stranded in a blizzard. Looking back, here is some stirrings emerging from the small and mid-caps via chips, telecom, and some bio techs and […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX DJIA higher, some testing leaders start to bounce back. Chipmakers show many interesting Northside setups. Fed Vice Chairman moves warm markets. The market action has given up some good patterns, the Big Q: Will the break North into year’s end. Today is Monday, the […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX  NFPs report solid, shows best wage growth in 10 years. China trade, market still struggles on news. 4 day Rally paused Friday All Eyes on the US Congressional Midterm Elections Tuesday Friday, stocks opened higher then faded, trending lower into early afternoon. Positives turned to […]

US Manufacturing Output Disapointed in August

US Manufacturing Output Disapointed in August

US Manufacturing Output Disapointed in August $DIA, $SPY, $QQQ, $VXX US factory production fell in August on cutbacks in appliances, home electronics and machinery. This threatens the market’s hopes for a manufacturing rebound after 2 prior months of gainers. The US Fed said Thursday factory production dropped 0.4% in August, after an increase of 0.4% […]