July Jobless Claims Down But June 2012 Foreclosures Up, World Central Banks Ease – Cut Rates:
Jobless claims dropped by levels not seen in several months as less Americans applied for unemployment benefits. Initial jobless claims fell by 26,000 to a seasonally adjusted 350,000 the Labor Department said today. The fall in initial jobl [...]
Posts in category Housing
July Jobless Claims Down But June 201...
July Jobless Claims Down But June 2012 Foreclosures Up, World Central Banks Ease – Cut Rates:
Jobless claims dropped by levels not seen in several months as less Americans applied for unemployment benefits. Initial jobless claims fell by 26,000 to a seasonally adjusted 350,000 the Labor Department said today. The fall in initial jobl [...]
Oil Rises As Market Rebounds On U.S. ...
Oil Rises As Market Rebounds On U.S. Housing Data, EU Summit June 2012 No News:
U.S. stocks rebounded from recent lows as short-term bullishness dominated market sentiment today based on technical indicators suggesting oversold conditions. The June EU Summit 2012 yielded no new major outcomes and investors bought stocks based on some posi [...]
U.S. Equities Erase Late May 2012 Gai...
U.S. Equities Erase Late May 2012 Gains As Short Term Dollar Decoupling Occurs:
Stocks fell yesterday with traders opting out of long positions as housing news was dim and dollar gains were slight. We told our readers yesterday maintain a defensive posture and not get sucked into a short term bear trap brought on by extreme oversold positio [...]
Case Shiller March 2012 Up, Stocks Ra...
Case Shiller March 2012 Up, Stocks Rally As Dollar Stays Strong:
Home prices may be stabilizing according to new data from the Standard & Poor’s/Case Shiller survey released today that showed a gain for the first time in seven months. Average home prices increased in March 2012 from February and this data confirms recent reports that sh [...]
New Home Sales Increase April 2012 Pl...
New Home Sales Increase April 2012 Plays Backseat To EU Summit Speculation As Markets Rally:
New home sales increased in April giving more fodder to those who suggest the housing market is improving. The increase in new home sales was largely overshadowed by European stress syndrome and related speculation that Greece would be leaving the E [...]
May 2012 NAR Housing News Doesn’...
May 2012 NRA Housing News Doesn’t Keep Market Rally Afloat After Papademos Talks “Grexit”:
U.S. equities still jittery and susceptible to Euro headline risk.
Housing news didn’t help the market maintain an early rally today as news from Greece trumped economic data. The National Association of Realtors said today, me [...]
S&P 500 May 2012 U.S. Performanc...
S&P 500 May 2012 U.S. Performance Closing In On Flat For Year, Home Builder Sentiment Hits 5 Year High:
U.S. housing data didn’t help equities much today as investors ignored this information and maintained concerns about Greece leaving the euro and trades at JP Morgan. The trading day got worse when news was revealed late in the [...]
March 2012 Pending Home Sales Rise Wh...
March 2012 Pending Home Sales Rise While April 21, 2012 Jobless Claims Marginal – Fed Seen As Dovish:
Pending Home Sales Rise 4.1 Percent In March 2012
The economic data is turning from mixed-positive to mixed. Pending home sales rose 4.1 percent for March 2012 the National Association of Realtors said today. This is the highest lev [...]
March 2012 Existing Home Sales Fall, ...
March 2012 Existing Home Sales Fall, April 14 Jobless Claims Disappoint – Earnings Up:
U.S. equities were volatile today with tech stocks following Apple and Google’s lead as traders responded to headlines from Spain, earnings news and economic data. Spain’s auction today didn’t change sentiment much today with inves [...]
Financials 1st Quarter Earnings 2012 ...
Financials 1st Quarter Earnings 2012 Up, U.S. Economy In Spotlight While Apple, Google In Correction Mode:
Traders focused more on the U.S. economy and bank earnings today as opposed to Spanish bond yields or headlines from Germany. Citibank’s earnings beat Wall Street estimates today and financials got a strong start in trading befor [...]
