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The National Association of Realtors reports Existing-Home Sales data today and forecasters are calling for a consensus of 5.440 million annualized rate in June vs 5.430 million in May. Overnight Notes: The MSCI Asia Pacific Index rose 0.1 percent Japan’s Topix index...
Economic Notes: There are no economic reports on today’s calendar, but there is one Fed official speaking — St. Louis Fed President James Bullard, who has a morning speech in Glasgow, Kentucky. Bullard is not a voting member of the FOMC for 2018. G-20 finance...
After positive comments on the economy yesterday, Federal Reserve Chair Jerome Powell will have a second day of testimony in Washington starting at 10am ET as he sits with the House Financial Services Committee. In an unexpected downturn, housing starts as well as...
Last week we highlighted a rare green shoot in housing. Today it might have sprouted a little higher. Homebuilders, believe it or not, are the best-performing industry among dozens available on TradeStation's ever-useful RadarScreen comparison tool. Click here for a...
Federal Reserve Chair Jerome Powell will answer questions from the Senate Banking Committee in Washington in the first of two days of testimony to Congress. Chairman Powell is expected to reiterate that the economy is in a “good place” while signaling there is no need...
Click here for the Market Action Calendar. Click here to register for the webinar. S&P 500 overview: Bullish triangle in play Consolidating, trying to break resistance at 2800 Calendar has potentially bullish bias as earnings build Factset: 47 of 109 S&P...
Click here to register for today's Market Action webinar at 4:30 p.m. ET. Disclosure: The information herein was obtained from multiple sources; we do not guarantee its accuracy or completeness. table tr:nth-child(even){background-color: #f2f2f2;} } Market Action...
President Trump and Russian Leader Vladimir Putin began their Helsinki Summit this morning. The good news on the economy keeps rushing in, even during our global trade war. Watching tariff actions and counter actions may be unsettling to some so try to focus attention...
In an interview Thursday on American Public Media’s “Marketplace” program, Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the U.S. economy but warned a sustained period of high tariffs on a wide variety of imports could be harmful to growth....