Mixed Economic Data Helps Lift Markets, No Reason For Fed To Pull Punchbowl: The S&P 500 broke out of a tight range today to close higher and neared the all-time high of 1,565 today as sentiment among traders shifted. The S&P 500 has been rangebound for the past few sessions and made it harder for[…]
Equities Make Comeback After 2013 Worst Day Ever On Consumer And Housing Data Will it last? Stocks made a strong comeback today after the Dow Jones Industrial Average fell over 200 points yesterday to close with the worst point loss in 2013 so far. After 3 weeks of severely tight trading, stocks broke out of[…]
Dow Retreats From 60+ On Housing News To End Down 100 Points On Massive Spain Austerity Protests: Housing news didn’t encourage investors today as the Dow switched direction in midday trading. The S&P Case/Shilling report today showed housing prices in July increased in 10 of the nation’s largest metropolitan areas by 1.5%. Housing prices increased[…]
Case Shiller 2012 June Shows Home Prices Bottomed But With High Unemployment, Will It Stick? The S&P/Case-Shiller index shows home prices in June 2012 increased for the top 20-cities it tracks. Housing prices increased from the same month a year ago which is the first time there has been such an increase since the summer[…]
Stocks Rangebound Ahead Of Fed, ECB, July 2012 Jobs; Case Shiller Home Prices Up 2.2 Percent May: U.S. equities didn’t do much today and traded in a tight range ahead of the ECB meeting, the FOMC meeting and the July 2012 unemployment numbers due out this Friday. Traders are also waiting for data from ADP[…]
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[…]
S&P/Case Shiller August Report Shows Housing Prices Flat: Housing prices rise .02 percent. The latest Case Shiller report shows housing prices where relatively even in August compared to July. U.S. home prices were still down compared to a year ago and this could be evidence that the housing market isn’t near a defined bottom as[…]
Homes Sales Rise: Case Shiller – The Rent Debate New Homes sales rose in September. This is the second month in a row that new home sales have increased. New purchases rose 6.6 percent to 307,000 annually and exceeded the forecasts of economists surveyed by Bloomberg News. The Commerce Department report today shows the effects[…]
The Week Ahead: Case Shiller, Durable Goods Orders, Housing This week will be interesting due to the plethora of information that will be dispersed. Information about home prices, the Case-Shiller and durable goods orders are on our watch lists. The market has gained substantially in the last few weeks and the most pressing issue in[…]
Will the U.S. Stock Market end the year up or down? Business Briefs and What’s Next Case-Shiller is in.. The Standard & Poors Case-Shiller Home Price index data did not disappoint significantly yesterday and the numbers were received positively. This week it may be important to evaluate how stocks react to news before the end[…]
