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US existing home sales tumble to three-year lowU.S. home sales tumbled to their lowest level in three years in December and house price increases slowed sharply, suggesting a further loss of momentum in the housing market. Congratulations. Why is this not posted on now ? Not a big surprise... it was already expected
Source: CNBC - 🏆 12. / 72 Read more »
U.S. Existing-Home Sales Posted Steep Fall in DecemberSales of previously owned U.S. homes declined sharply in December, suggesting sluggishness in the once-hot housing market may persist into 2019. Will get worse Just wait until the Census opens up and releases those delayed economic reports. We will see that we have been a bear market for MONTHS. The TrumpShutdown can’t be good for the housing market.
Source: WSJ - 🏆 98. / 63 Read more »
Home-builder confidence rebounds as housing market catches a breakA monthly sentiment tracker rebounded more strongly than expected, boosted by falling mortgage rates and perhaps stronger stock prices. Bullshit The market is so displaced with thier outright lies, I dumbfounded. Speechless,
Source: MarketWatch - 🏆 3. / 97 Read more »
Sandberg admits to Facebook stumbles, says 'we need to do better' after rough yearFacebook COO Sheryl Sandberg outlines five things the social media company is focused on in 2019. It keeps getting worse. Try 'leaning in' toward good, Sandberg. She sucks.
Source: CNBC - 🏆 12. / 72 Read more »
More lenient state laws could chill low-alcohol beer marketOKLAHOMA CITY (AP) — Beer snobs are raising their mugs to a stronger brew in three states that once forbade grocers from selling anything but low-alcohol brands, and the changes could indirectly chill the industry in two others where such regulations remain. Until October, Oklahoma grocery and convenience stores could stock beer with only up to 3.2 percent alcohol content — considerably lower than even leading light beer brands. Liquor stores were able to sell stronger 8.99 percent beer but were prohibited from selling cold beer of any strength. Lets get poisoned!!! But do they still put people's names on all of the liquor bottles in OK? Finally Kansas is getting it together!
Source: AP - 🏆 728. / 51 Read more »
Here’s what low NYSE trading volume is telling us about the stock market’s directionHere’s what low NYSE trading volume is telling us about the stock market’s direction, says MktwHulbert
Source: MarketWatch - 🏆 3. / 97 Read more »
More lenient state laws could chill low-alcohol beer marketBeer snobs are raising their mugs to a stronger brew in three states that once forbade grocers from selling anything but low-alcohol brands, and the changes could indirectly chill the industry in two others where such regulations remain. Until October, Oklahoma grocery and convenience... Beer snobs. I immediately know that they have no clue what good beer is. It's whatever 'is in.' beer snobs would never drink beer out of a *mug* There should be no alcohol limit.
Source: ABC - 🏆 471. / 51 Read more »
This sluggish market may call for a 'low and slow' portfolioThe secret to outperforming the market in a downturn is to buy stocks that have 'low and slow' characteristics — lower multiples and higher returns relative to the S&P 500 and trades that are less crowded, according to AB Bernstein. Sluggish?! Where did you guys get this idea from?!?
Source: CNBC - 🏆 12. / 72 Read more »
Sales of luxury jewelry, watches and boats at risk as stock market swoonsThe so-called wealth effect — the theory that personal spending follows stocks — has become stronger in recent years as equity holdings have tripled as a share of disposable income. $DKGR 🚀🚀🚀🚀📈📈📈📈
Source: CNBC - 🏆 12. / 72 Read more »