High Points for Economic Data Scheduled for June 5 Week

11 months ago by Theresa Sheehan @ IBKR Traders’ Insight

The June 5 week is a quiet one with few data releases on the calendar and nothing likely to be of market-moving impact. Fed policymakers will be out of the public eye during the communications blackout period around the June 13-14 FOMC meeting. The post High Points for Economic Data Scheduled for June 5 Week appeared first on IBKR Campus.

Nasdaq Strength, Oil Jumps on OPEC

11 months ago by David Linton @ IBKR Traders’ Insight

US Dollar still has long term strength. Sterling holding steady. Bitcoin stuck below $27K. US stocks, set to open flat today based on futures. S&P 500 Index now clearly through previous 4,200 point high. The post Nasdaq Strength, Oil Jumps on OPEC appeared first on IBKR Campus.

Lots of News, Little Movement

11 months ago by Patrick J. O’Hare @ IBKR Traders’ Insight

There was no question that the stock market liked what it saw in the May employment report on Friday, both in terms of the economic messaging and the policy messaging. The post Lots of News, Little Movement appeared first on IBKR Campus.

New York IPO Plan Tests Intelligent Group's Core Competence In Public Relations

11 months ago by SA IPO Analysis

Housing June 5th Weekly Update: Inventory Increased 0.7% Week-over-week

11 months ago by Calculated Risk @ Calculated Risk

Altos reports that active single-family inventory was up 0.7% week-over-week. Click on graph for larger image. This inventory graph is courtesy of Altos Research...

Loews SVP Tisch Reports a Large Insider Buy

11 months ago by David @ All Star Charts

The largest insider buy on today’s list comes in a Form 4 filing by Ben Tisch, senior vice president of corporate development and strategy at Loews Corporation $L. Tisch reported a purchase of 330,000 shares, equivalent to $18,781,400. Senvest Management filed a 13G for The Beauty Health Company $SKIN revealing an initial stake of 5.10%. […] The post Loews SVP Tisch Reports a Large Insider Buy appeared first on All Star Charts.

Swing Trader Pro: Morning Briefing (06-05-2023)

11 months ago by David @ All Star Charts

From the Desk of Kimmy Sokoloff The S&P 500 almost touched the 4,300 mark, and we’re becoming a tad bit extended. A lot of names that have been dead wood finally started to come to life on Friday. We’ll see if that continues. Here’s what I’m looking at this morning: I talked about $DKNG Friday […] The post Swing Trader Pro: Morning Briefing (06-05-2023) appeared first on All Star Charts.

MONEY MINDSET 💰 #money #wealth

11 months ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Wall Street Breakfast: iReality

11 months ago by SA Wall St. Breakfast

Wall Street Breakfast Podcast: Apple WWDC 2023 Preview

11 months ago by SA Wall St. Breakfast

Talk Your Book: Investing in Treasuries During a Debt Crisis

11 months ago by sean @ A Wealth of Common Sense

On today's show, we spoke with Alex Morris, Founder and CIO of F/m Investments on how Treasury ETFs work, why the 1mo is yielding so much, how government defaults could affect treasuries, and much more! The post Talk Your Book: Investing in Treasuries During a Debt Crisis appeared first on A Wealth of Common Sense. ...

The Trading Coach Podcast - 824 - Steps To Give Yourself A 95% Chance At Success

11 months ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

There are many tried & proven ways of becoming successful. The problem is that most people aren't willing to do what's needed in order to achieve their goals. Here are some tactics that you can take if you want to increase your chances of becoming successful. Check out our RISK-FREE Trial membership over at https://tieronetrading.com/

Russell 2000 breaks free of congestion

11 months ago by noreply@blogger.com (Declan Fallon) @ Fallond Picks

(adsbygoogle = window.adsbygoogle || []).push({}); It was a good day for markets, but it was the Russell 2000 that went on a bender, pushing itself out of its scrappy, multi-week base and slicing through its 200-day MA. Not only that, it managed to clear $180 resistance, which means it's now in the process of shaping a right-hand-side base.  This is important development as other indices are challenging resistance on weekly timeframes.  There is room for the Russell 2000 to test support, and an intraday spike below $180 would be acceptable, as long as the index ends the day above $180. <div class="separator" styl...

Chart Advisor: One Base to Rule Them All

11 months ago by Contributor Author @ IBKR Traders’ Insight

We’ve spent a lot of time talking about big bases this year. This is because a lot of stocks have endured nasty drawdowns over the past few years and have spent the past few quarters consolidating and trying to build bottoms. The post Chart Advisor: One Base to Rule Them All appeared first on IBKR Campus.

Hotels: Occupancy Rate Up 0.6% Year-over-year

11 months ago by Calculated Risk @ Calculated Risk

From STR: STR: U.S. hotel results for week ending 27 May As expected ahead of Memorial Day, U.S. hotel performance decreased from the previous week, according to STR‘s latest data through 27 May. Year-over-year comparisons were improved. 21-27 May 2023 (percentage change from comparable week in 2022): • Occupancy: 66.8% (+0.6%) • Average daily rate (ADR): US$156.63 (+2.2%) • Revenue per available room (RevPAR): US$104.62 (+2.9%) emphasis addedThe following graph shows the seasonal pattern for the hotel occupancy rate using the four-week average.<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh3cX2bBmd5W10duEoojfkOeDXk2R-g9958JghnKg83W_aU6TtyqS3zryRl4HH2ZB-VYAl8oJtfvlFWjV6SAkfkzWLecig7CrhIo3BN2Gvv2wc06-wv_m0usEH6dUQdgGV-WbG-dSM...

Sunday links: the best reading strategy

11 months ago by abnormalreturns @ Abnormal Returns

ANIMAL 🧠 STOP THE COMPARISONS

11 months ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

The Greatest Challenges of Trading Psychology - III: Mindset

11 months ago by Brett Steenbarger, Ph.D. @ TraderFeed

 In the first post of this series, we took a look at how one of the greatest challenges to our trading psychology comes from approaching the ...

The Worst Housing Affordability Ever?

11 months ago by Ben Carlson @ A Wealth of Common Sense

Not a great time for the housing market if you're looking to buy. The post The Worst Housing Affordability Ever? appeared first on A Wealth of Common Sense. ...

Realtor.com Reports Weekly Active Inventory Up 18% YoY; New Listings Down 20% YoY

11 months ago by Calculated Risk @ Calculated Risk

Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report from economist Jiayi Xu: Weekly Housing Trends View — Data Week Ending May 27, 2023• Active inventory growth slowed again, with for-sale homes up just 18% above one year ago. The number of homes for sale continues to grow, but compared to one year ago, the pace is slowing. As we have discussed previously, further slowing is likely ahead. Due to the limited housing inventory, many buyers have turned their attention towards newly constructed homes....• New listings–a measure of sellers putting homes up for sale–were down again this week, by 20% from one year ago. The number of newly listed homes has been lower than the same time the previous year for the past 47 weeks. This week’s gap was smaller than la...