Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Wednesday, August 31, 2011
MBA: Mortgage Purchase Activity "near 15-year lows"
by CalculatedRisk on 8/31/2011 07:13:00 AM
The MBA reports: Mortgage Applications Decrease in Latest MBA Weekly Survey
The Refinance Index decreased 12.2 percent from the...
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NEW YORK (CNNMoney) -- When the unexpected strikes, most Americans aren't prepared to pay for it.
A majority, or 64%, of Americans don't have enough cash on hand to handle a $1,000 emergency expense, according to a survey by the National Foundatio...
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I was riding high in April, shot down in May. Watching that mighty river of real estate sentiment, Zillow.com, I found recently that my accidental-landlord house in Virginia had picked up a cool 15 percent in value since January.
Why? Sentiment, ba...
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The conventional wisdom is that young people today are inured to the idea that they will change jobs repeatedly over their careers, and that because of that, they don't really think much about pensions. But it turns out that the conventional wisdom ...
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Extreme bullish sentiment does not bode well for the markets. Check out this piece from the SeekingAlpha website...
This week's AAII sentiment survey is out, and the bullish sentiment is out of this world: 63% bullish and only 16% bearish, for a bull...
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Over the years I have frequently pointed out what a stupid indicator the Conference Board’s Consumer Confidence indicator is, at least when it comes to the stock market. It’s like a dog chasing its tail. The Con Con, you see, follows the market. Then, each and every month for a half hour or so...
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This week's American Association of Individual Investors sentiment survey reported the level of individual investor bearishness hit 70.27 percent. This is the highest bearishness level report by AAII since it began tracking investor sentiment in 1987 when the bearish sentiment reached 67 percent in 1990.
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