The housing market matters, if for no other reason than it’s the primary source of U.S. household wealth, regardless of income or status. The rate of Americans participating in the stock market, while down from Read more…
Costco has generally been a pretty predictable company. That’s because it wants to be transparent with its members because protecting its renewal rates, and word of mouth that leads to new membership sales remain its Read more…
The Las Vegas Strip has not seen an implosion since Riviera in 2016, which was removed in order to enlarge the Las Vegas Convention Center. At one time, they were fairly common as the Aladdin Read more…
Stores pay high mall rents to benefit from the foot traffic that putting a bunch of stores and restaurants all in the same place. You may not leave your house to go to Great American Read more…
Activity in the global financial markets are rather muted today, with major European stock indexes reading water within a narrow range. US futures are also showing little change, reflecting the quietness of US market holiday. Read more…
The Japanese yen is hovering near 150 per dollar, retreating from last week’s four-month highs of 151. The 150-152 area is hazardous for short-term traders, as this is the level from which the Japanese Ministry Read more…
Daily Pivots: (S1) 1.0744; (P) 1.0766; (R1) 1.0800; More… EUR/USD is extending the consolidation from 1.0694 and intraday bias stays neutral. . Further decline is in favor with 1.0804 resistance intact. On the downside, below Read more…
Daily Pivots: (S1) 1.2560; (P) 1.2592; (R1) 1.2634; More… Range trading continues in GBP/USD and intraday bias stays neutral. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday Read more…
Daily Pivots: (S1) 0.8788; (P) 0.8813; (R1) 0.8835; More…. USD/CHF is extending the consolidation pattern from 0.8884 and intraday bias remains neutral. Further rally is expected as long as 0.8727 resistance turned support holds. On Read more…
Daily Pivots: (S1) 149.81; (P) 150.23; (R1) 150.63; More… USD/JPY is extending the consolidation from 150.87 and intraday bias remains neutral. Downside of retreat should be contained by 148.79 resistance turned support to bring another Read more…