2nd Look at Local Housing Markets in April

about 1 year ago by Calculated Risk @ Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in April A brief excerpt: This is the second look at local markets in I’m tracking about 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas. I’ll update these tables throughout the month as additional data is released. Closed sales in April were mostly for contracts signed in February and March. Since 30-year fixed mortgage rates were over 6% for all of February and March - compared to the 4% range the previous year - closed sales were down significantly year-over-year in April. It is likely sales were down more year-over-year in April than in March, however, the impact was probably not as severe as for closed sales in December and January (rates were the highest in October and November 2022 when contracts w...

Wednesday links: getting to no faster

about 1 year ago by abnormalreturns @ Abnormal Returns

Financials Brace for Volatility Amid an Uncertain Corporate Earnings

about 1 year ago by Mike Zaccardi @ See It Market

The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Fed Chief Jerome Powell did no favors for the beleaguered regional banks last week. A 10th straight rate hike is like an insult to injury for so many small financial institutions. What has been a strong Q1 earnings season is […] The post Financials Brace for Volatility Amid an Uncertain Corporate Earnings appeared first on See It Market.

CPI Gives a Head Fake

about 1 year ago by Steve Sosnick @ IBKR Traders’ Insight

Kudos to the dismal science.  Economists nailed their consensus estimates for today’s CPI release.  Headline and Core CPI both matched their 0.4% estimates and there were no revisions to the prior month.  Spot on, no? The post CPI Gives a Head Fake appeared first on IBKR Campus.

The Wisdom Of Jesse Livermore Pt. 4 | Dave Landry | Trading Simplified 05.10.23)

about 1 year ago by StockCharts @ StockCharts.com YouTube Channel

Dave shows the methodology in action by showing a recent stock pick that he believes has tremendous potential. He then continues his series on the wisdom of Jesse Livermore. This week he focused on the fact that you must be patient (which isn’t easy!), the importance of the “big swing” vs. trying to catch every zig and zag, avoiding top/bottom picking, listening to (but not trying to force) intuition plus much more. 0:00 Intro 1:54 Great Looking Setup - Symbiotic (SYM) 3:49 Mind The Trade - Wisdom Of Jesse Livermore 8:29 Trading Pullbacks In Trending Markets 13:59 How Do You Sit Tight? 21:33 Union Pacific Trade - Jesse Livermore Access courses and receive Dave's weekly newsletter: https://www.davelandry.com/members/ https://davelandry.com/stockcharts https://davelandry.com/contact https://davelandry.com/webinar https://twitter.com/tfollowingmoron @tfollowingmoron ––––– Enjoy this video? Subscribe to StockCharts on YouTube to watch more great content from top financial experts...

April Auto Sales & Li Auto in Focus

about 1 year ago by Brendan Ahern @ IBKR Traders’ Insight

Asian equities were lower overnight on light volumes and US debt ceiling concerns in advance of today’s US CPI release. The post April Auto Sales & Li Auto in Focus appeared first on IBKR Campus.

[Options] It’s Now or Never, Smalls

about 1 year ago by Sean McLaughlin @ All Star Charts

It’s time for the small caps to make a stand. The time is now. If they don’t, it could be ‘goodnight’ for a long time. JC posted earlier this week about the Russell 200 index and had this to say: We’re back to a key level of interest for Small-caps on an absolute basis. And […] The post [Options] It’s Now or Never, Smalls appeared first on All Star Charts.

Markets Inch Cautiously Higher on Improved Inflation Comps: May. 10, 2023

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

Markets are advancing this morning in response to the Consumer Price Index (CPI) matching investors’ expectations for slowing inflation, but the optimism is occurring as the White House and Republican leaders in congress appear deadlocked in debate. The post Markets Inch Cautiously Higher on Improved Inflation Comps: May. 10, 2023 appeared first on IBKR Campus.

Is Apple The Future Of Finance?

about 1 year ago by SA Editor's Picks

Switcheroo

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

Nintendo reported a fall in profit and revenue in its fiscal year driven by a drop in sales of its flagship Switch console. The post Switcheroo appeared first on IBKR Campus.

Large Post Earnings Put Trade in Eventbrite, Inc. (Symbol: EB)

about 1 year ago by Jeff Praissman @ IBKR Traders’ Insight

This morning 3,000 May 19 ’23 10 puts traded in Eventbrite, Inc. (Symbol: EB). The puts are deeply in the money and at a 95 delta represent the equivalent of 285,000 shares of stock. The post Large Post Earnings Put Trade in Eventbrite, Inc. (Symbol: EB) appeared first on IBKR Campus.

Financials Brace for More Volatility Amid an Uncertain Earnings Environment

about 1 year ago by Christine Short @ IBKR Traders’ Insight

Earnings season has been better than feared, but all eyes are on how the current quarter progresses and emerging risks to corporate profits. The post Financials Brace for More Volatility Amid an Uncertain Earnings Environment appeared first on IBKR Campus.

Cleveland Fed: Median CPI increased 0.4% and Trimmed-mean CPI increased 0.3% in April

about 1 year ago by Calculated Risk @ Calculated Risk

The Cleveland Fed released the median CPI and the trimmed-mean CPI. According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.4% in April. The 16% trimmed-mean Consumer Price Index increased 0.3% in April. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics’ (BLS) monthly CPI report". <img alt="Inflation Measures" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AV...

Robert Half: 20% To 30% Downside Risk In Recession

about 1 year ago by SA Editor's Picks

Stock Picks from the 2023 Market Outlook 

about 1 year ago by Michele Schneider @ See It Market

The Market Outlook for 2023 was written in December 2022.  I have a designated radar screen for all the predictions and stock picks. The picks especially remain a focus for short-term and longer-term trades, depending on market conditions. In December I wrote, “This stock, Tetra Tech (TTEK) made our radar when it announced that they are producing […] The post Stock Picks from the 2023 Market Outlook  appeared first on See It Market.

Yield Insights: A Shift In Focus

about 1 year ago by Jim Iuorio @ IBKR Traders’ Insight

U.S. 10-year yields have been trading in a tight range, 3.6% to the upside and 3.3% to the downside. Is this indecision with yields reflecting a shift in focus from Fed tightening to easing? Insights by Jim Iuorio. The post Yield Insights: A Shift In Focus appeared first on IBKR Campus.

Tomorrow’s Burger

about 1 year ago by Alexander Gunz @ IBKR Traders’ Insight

Wind the clock forward a few years, however, and our burgers might be very different. That was the conclusion we derived from catching up recently with a leading venture capital expert in the foodtech space. The post Tomorrow’s Burger appeared first on IBKR Campus.

Gold Bulls Are Hoping 3rd Time Is The Charm!

about 1 year ago by Chris Kimble @ See It Market

The precious metals sector has remained elevated, yet volatile, over the past two years. Call it consolidation, but in my humble opinion, something has got to give. Inflation, war, politics… gold bulls have the catalysts and tailwinds to see higher prices. Today, we look at a long-term “monthly” chart of gold. As you can see, […] The post Gold Bulls Are Hoping 3rd Time Is The Charm! appeared first on See It Market.

Market Puts a Positive Spin on April CPI

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

President Biden met with congressional leaders at the White House yesterday to discuss the debt ceiling and nothing was agreed to other than to meet again on Friday. The post Market Puts a Positive Spin on April CPI appeared first on IBKR Campus.

Python: Split a 2d Array Vertically and Convert It into a 3d Array

about 1 year ago by Sang-Heon Lee @ IBKR Traders’ Insight

This post shows how to split a 2d array into subsets of 2d arrays and convert them into a 3d array. The post Python: Split a 2d Array Vertically and Convert It into a 3d Array appeared first on IBKR Campus.