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Julian Lennon’s Art Photography Decorates Florida Show House
A collection of fine art photography by internationally acclaimed artist and musician Julian Lennon will be on display and for sale at the opening celebration of The Heritage – A Legacy Show Home, located in the gated Heritage Dunes community in scenic Seagrove Beach, Florida. The opening night soiree for Lennon’s photography will take place…
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Mortgage demand falls even further, as rates shoot back up to July highs
A real estate consultant shows a condo to a prospective buyer in Miami, Florida. Joe Raedle | Getty Images After falling back earlier this month, mortgage rates began rising sharply again to the highest level since mid-July. That caused mortgage demand to pull back even further. Total mortgage application volume fell 3.7% last week compared…
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Should You Sell the Summer Stock Rally?
Some stocks are up as much as 50% in the last 3 months. Should investors take the profit and run? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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Fed officials renew rate-hike theme while staying vague on size
Federal Reserve officials, picking up where they left off over the weekend in Jackson Hole, stressed their commitment to defeating inflation while remaining vague on how big their policy move will be next month. Three regional Fed presidents reiterated in separate remarks on Tuesday that curbing the hottest prices in almost 40 years was their…
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3 reasons why Ethereum PoW hard fork tokens won’t gain traction
Ether (ETH) is the second largest crypto by market capitalization and the absolute leader in decentralized applications by deposits. Becoming a victim of its own success, the network experienced a fee hike in November 2021 when the average transaction costs surpassed $50. That’s precisely why the Merge is a critical step to implementing a fully…
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Munis steady to weaker in spots, USTs mixed
Municipals were steady to weaker in spots Tuesday, while U.S. Treasuries were mixed and equities ended down. The two- and three-year muni-UST ratios are around 65% to 67%. The five-year was at 71%, the 10-year at 83% and the 30-year at 102%, according to Refinitiv MMD’s 3 p.m. read. ICE Data Services had the five…
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Sunak warns of risk that markets lose faith in UK economy
Rishi Sunak, Tory leadership contender, has warned that it would be “complacent and irresponsible” to ignore the risk of markets losing confidence in the British economy, as wagers against UK government debt sent short-term borrowing costs in the gilt market soaring. In an interview with the Financial Times, Sunak said his leadership rival Liz Truss…
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Op-ed: Learn to tread water in these stormy markets. Where investors can turn in choppy times
Traders on the floor of the NYSE, Aug. 11, 2022. Source: NYSE As the market reacted in alarm to Federal Reserve Chair Jerome Powell’s hawkish comments and determined tone on Friday, I struggled to retrieve an analogous situation that ended well. My conclusion is that, although we have experienced a bear-confirming drop of over 20%…
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Stocks making the biggest moves premarket: Best Buy, First Solar, Twitter and more
In this article BBBY BIDU FSLR BIG BBY TWTR Check out the companies making headlines before the bell: Best Buy (BBY) – Best Buy gained 2.6% in the premarket after the electronic retailer beat Street forecasts on the top and bottom lines for its latest quarter, while comparable store sales declined less than expected. Big…
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Many Young Adults Who Moved Back Home During The Pandemic Still Live There
The pandemic turned back the hands of time for many empty nesters as their homes were suddenly filled with young adult children returning to the relative safety and financial security of their parents’ homes. But in the two-plus years since the pandemic’s onset, only a third of those who returned home during the pandemic have…
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Home prices weakened in June, but were still much higher than a year ago, says S&P Case-Shiller
A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Home prices in June were 18% higher than during the same month last year, according to the S&P CoreLogic Case-Shiller Indices. That’s a weaker pace than in May of this year, which…
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Bitcoin erases latest gains with BTC price back below $20K as dollar spikes
Bitcoin (BTC) fell back below $20,000 after the Aug. 30 Wall Street open as data showed hodlers selling at a loss. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView June lows look increasingly attractive Data from Cointelegraph Markets Pro and TradingView captured the latest dive below the 2017 bull market peak for BTC/USD, with United States…
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NVIDIA (NVDA) Stock Showing Resilience After Missing Earnings Estimates
Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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Units/Lots | Trading Terms
Trading units (aka lots, aka position size) is one of those trading terms that seem simple but can be quite confusing for someone who’s just come into the trading world. The reason behind this is that different types of trading require different terminology to describe them. Forex and stocks have different predefined sizes for trading…
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Vermont receives outlook boost after passing state pension changes
Major pension legislation was cited as Vermont’s rating outlook was raised to stable from negative by S&P Global Ratings. In a report that also affirmed the state’s AA-plus general obligation bond rating, the rating agency said Vermont currently ranked sixth highest in the nation for unfunded retiree health care benefits and eighth highest for unfunded…
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Munis weaker, UST yields rise in mostly quiet session
Outside a few pockets of buying, there was a dull tone to start the last week of summer in the municipal market, as triple-A benchmarks were weaker Monday. U.S. Treasuries yields rose and equities ended down. “The market is obviously weaker today and I think it is still digesting what happened … with the Fed…
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EU to unveil emergency measures to curb soaring energy prices
The EU is preparing emergency measures to curb the price of electricity by separating it from the soaring cost of gas, as Shell warns the energy crisis could last for years, and utilities turn to the state for support. With member states stepping up pressure for action, European Commission president Ursula von der Leyen said…
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Stocks making the biggest moves premarket: Catalent, Pinduoduo, Netflix and others
In this article WMT PDD NFLX CTLT MRNA ETSY Check out the companies making headlines before the bell: Catalent (CTLT) – The drug delivery and manufacturing technology company beat bottom line estimates for its latest quarter. However, its revenue was short of Wall Street forecasts, as was its full-year revenue outlook. Its stock slid 5.7%…
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Bitcoin reaches ‘short squeeze’ trigger zone as BTC price nears $20.4K
Bitcoin (BTC) regained some lost ground at the Aug. 29 Wall Street open amid talk of an imminent short squeeze. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorts lose out in modest squeeze higher for BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to near $20,400 on Bitstamp as United States equities…
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Slope-Close Chalet Elevates The Experience In Vail Village, Colorado
When it comes to having the ultimate ski vacation experience at a top resort, conditions reign supreme as a make or break factor: the depth of the snow base, the temperature, the wind, and the visibility. Next come the quality of the trails themselves, the number and speed of the lifts and the length of…
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