Reports & Statistics Durable goods gained 1 percent in September, coming in line with estimates from Wall Street. New home sales came in lower than expected at 402,000 units versus estimates for 440,000.1 This was a drop...
Read MoreLooking at the nearterm forecast for the central part of the US I see a major storm system moving across the country extending from N. TX straight through to ND. This will cripple any weekend harvest farmers were hoping for...
Read MoreHousing data today was a big disappointment, paving the way for a potential holding pattern in the markets as this new data is balanced against the news that unemployment may be easing. Earnings are still rolling in, but are...
Read MoreReports & Statistics Housing starts rose 0.5 percent in September – lower than economists’ predictions for Briefing.com. Expectations had been for around a 2 percent gain.1 Single family home construction rose 3.9...
Read MoreThe Euro/USD broke the $1.50 mark this week, but did not really affect the price of Gold and Silver as they have stayed in the range of $1,045-$1,069 and $17.25-$18.00 respectively. We will see how this affects the price of...
Read MoreAnd the rally continues, and the beat goes on. Crude Oil blew passed the big resistance of $75 when banks like JP MOrgan Goldman Sachs, and Tech Giants Apple and Google crushed earnings sending Crude to $80. Products led the...
Read MoreDisappointing housing numbers may have set the tone for early week trade. Tuesday’s housing starts and building permits disappointed economists who had been looking for higher numbers.1 At this point the earnings may help,...
Read MoreThe dollar moves up, commodities go down. The dollar weakens, commodity prices move up. This inverse relationship is obvious as items priced in dollars become more attractive when the dollar softens. But it is concerning when...
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