Economic Update: August 7, 2023

about 1 year ago by Contributor Author @ IBKR Traders’ Insight

Weekly Economic Update for the week of August 7, 2023: growth, jobs, profits, inflation, rates, risks, and investment themes. The post Economic Update: August 7, 2023 appeared first on IBKR Campus.

Delaying Gratification For Greater Gains

about 1 year ago by Michael Martin @ MartinKronicle

Hey everybody. Happy Monday. Thanks for being here Today. I want to discuss the thing on delayed gratification that I spoke with ganja last week. I found the study it’s, it was at the website, psychology Today, and the article was written by Alex Lierman, md, the power of delaying gratification, how to develop impulse […] The post Delaying Gratification For Greater Gains first appeared on MartinKronicle. The post Delaying Gratification For Greater Gains appeared first on MartinKronicle.

Black Knight Mortgage Monitor: Home Prices Increased Month-to-month to New Record High in June

about 1 year ago by Calculated Risk @ Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Black Knight Mortgage Monitor: Home Prices Increased Month-to-month to New Record High in June A brief excerpt: Note: Although not in Mortgage Monitor, Black Knight told me: “We haven’t yet calculated payment-to-income ratios given yesterday’s news of rates north of 7%, but it’s a pretty safe bet it’s pushed us past last October/November’s “worst affordable market” marker" ... Note: The Black Knight House Price Index (HPI) is a repeat sales index. Black Knight reports the median price change of the repeat sales. Here is a graph of the Black Knight HPI. The index is up 0.8% year-over-year. <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhr_QGEPhNdQQmr_56hxhlIIdHq5whKYHofOTUri_9T5WiKm6AR0Tc5wYSLbnsJT2QDAGV2iYSMrPTZcNw2PiBKCiJ0DoPUJEBCAHXtOh0zNtvFJLoaTN97-lCiVMw_QMcZh-y...

Weekly Market Recap: August 7, 2023

about 1 year ago by Contributor Author @ IBKR Traders’ Insight

While job openings and payroll gains came in below expectations, wage growth surprised slightly to the upside. The post Weekly Market Recap: August 7, 2023 appeared first on IBKR Campus.

Wholesale Used Car Prices Decreased 1.6% in July; Down 11.6% Year-over-year

about 1 year ago by Calculated Risk @ Calculated Risk

From Manheim Consulting today: Wholesale Used-Vehicle Prices See Large Decline in JuneWholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 1.6% in July from June. The Manheim Used Vehicle Value Index (MUVVI) declined to 211.7, down 11.6% from a year ago. “The July drop of 1.6% is an indicator of slowing wholesale price declines, at least when compared to the month-over-month losses we’ve seen since April,” said Chris Frey, senior manager of Economic and Industry Insights for Cox Automotive. “While the year-over-year price drop was again double-digit, let’s put some perspective on that. From July 2020, there were 22 straight monthly double-digit increases through April 2022; we’ve had just six double-digit declines since October last year, with only four of them consecutive. Keeping to the April theme, we’re now ba...

High Points for Economic Data Scheduled for August 7 Week

about 1 year ago by Theresa Sheehan @ IBKR Traders’ Insight

The August 7 week is going to be a sleepy one for economic data with only two reports likely to wake up markets. The post High Points for Economic Data Scheduled for August 7 Week appeared first on IBKR Campus.

Market Working To Find Its Footing

about 1 year ago by Patrick J. O’Hare @ IBKR Traders’ Insight

Today, a rebound effort is afoot, yet the stock market isn't necessarily putting its best foot forward as buyers are moving with some reserve still. The post Market Working To Find Its Footing appeared first on IBKR Campus.

IBKR Economic Landscape: Persistent Job Growth Keeps the Fed Restrictive Aug. 4, 2023

about 1 year ago by Jose Torres @ IBKR Traders’ Insight

The Federal Reserve’s aggressive monetary policy tightening is slowly helping to moderate inflation, but it has more work to do to tame price increases in the sticky services components which will likely require further slowing in the labor market. The post IBKR Economic Landscape: Persistent Job Growth Keeps the Fed Restrictive Aug. 4, 2023 appeared first on IBKR Campus.

Charlie Munger's Latticework Of Mental Models, Picks For August 2023

about 1 year ago by SA Editor's Picks

Housing August 7th Weekly Update: Inventory increased 0.7% Week-over-week; Down 10.3% Year-over-year

about 1 year 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 Resear...

Platinum Equity Raises Its VRRM Stake to 5.3%

about 1 year ago by David @ All Star Charts

The largest insider transaction on today’s list comes in a Form 4 filing by Karin Rotem-Wildeman, Chief Research & Development Officer for Keurig Dr Pepper $KDP. Rotem-Wildeman reported a purchase of KDP shares worth roughly $1.8 million. Platinum Equity LLC filed a 13G for Verra Mobility Corporation $VRRM, revealing an increase in ownership from 4.90% […] The post Platinum Equity Raises Its VRRM Stake to 5.3% appeared first on All Star Charts.

If Not Tech, Then What?

about 1 year ago by JC @ All Star Charts

Remember in the back half of last year, when virtually everything was working EXCEPT for Tech stocks? Well a funny thing happened early in 2023, money rotated into Tech and other Large-cap Growth. These Tech stocks did so well, that people who are bad at math convinced themselves, and others around them, that it was only […] The post If Not Tech, Then What? appeared first on All Star Charts.

Wall Street Breakfast: The Office

about 1 year ago by SA Wall St. Breakfast

Swing Trader Pro: Morning Briefing (08-07-2023)

about 1 year ago by David @ All Star Charts

From the Desk of Kimmy Sokoloff Well, late in the afternoon on Friday the markets took a nosedive. We’ll see how we close this week and whether we stay below resistance levels on the indices. Here’s what I’m looking at this morning: I’m  watching $NET to see if it stays below 68.10 for a potential […] The post Swing Trader Pro: Morning Briefing (08-07-2023) appeared first on All Star Charts.

TRADING QUESTIONS: DO I NEED BACKTESTING SOFTWARE?

about 1 year ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

I'm a firm believer in manual backtesting. Not just as a way to save money, but as a way to really get to understand your strategy as well as prepare yourself for the mental battles that come with live trading. #TradingQuestions #TradingShorts #Forex

PayPal: Don't Be Too Short-Sighted

about 1 year ago by SA Editor's Picks

Talk Your Book: Compounding with Concentrated Portfolios

about 1 year ago by sean @ A Wealth of Common Sense

On today's show, we are joined by John Neff, Partner and Portfolio Manager of AKRE Capital Management to discuss: - The AI investing craze - The creation of fundamental analysis - Compounding returns with Warren Buffett - Running a highly concentrated portfolio, and much more! The post Talk Your Book: Compounding with Concentrated Portfolios appeared first on A Wealth of Common Sense. ...

Wall Street Breakfast Podcast: Berkshire Hathaway Earnings

about 1 year ago by SA Wall St. Breakfast

Texas Instruments: Short-Term Pain For Long-Term Gain

about 1 year ago by SA Editor's Picks

Chart Advisor: Apple Falls Short

about 1 year ago by Contributor Author @ IBKR Traders’ Insight

Apple (AAPL) released its quarterly earnings report, and shares of the tech giant fell more than 4% in today’s session, dragging the market lower. The post Chart Advisor: Apple Falls Short appeared first on IBKR Campus.