In spite of the recent mini-recovery in refis, purchase mortgage activity remains in the downtrend it has been in since June 2005. The refi recovery…
The data has been trending weaker for more than a month now. While that doesn’t necessarily mean that the market averages will head down, it…
With today’s action, the Fed has pulled the System Open Market Account (SOMA) back below the top of its 5 month flat channel and back…
Due to the passing of a dear cousin this week in New York, I will be away from the office from Friday through Monday. The…
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
It’s reality check time in California as a series of data points are being released that suggest the obvious, a real estate related job Bust is well underway. First, Southern California recorded 14,216 single-family starts during the third quarter of 2006, a 17 percent decline from the previous quarter. Adjust the 2Q chart below accordingly. […]
The Fed must have panicked today when they saw the election results. They pumped in another $7.5 billion unanswered by any expirations. They probably didn’t…
With today’s action, the Fed has pushed the System Open Market Account (SOMA) through the top of its 5 month flat channel and back above…
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
by Lee Adler It may not be democracy, but at least it’s not one party rule any more. The power of the klepto- corporatocracy/ religious…
