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Existing-Home Sales: Down 5.4% In June
Article By:
Jill Mislinski
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Wednesday, July 20, 2022 2:36 PM EDT
This morning's release of the June Existing-Home Sales showed that sales fell to a seasonally adjusted annual rate of 5.12 million units from the previous month's 5.41 million.
Existing Home Sales Dive Another 5.4 Percent In June, Down Fifth Month
Article By:
Mish Shedlock
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Wednesday, July 20, 2022 1:06 PM EDT
The weakness in housing accelerates further in June. Existing home sales are down 21.1 percent since January.
Declines Abound In Mortgage Data
Article By:
Bespoke Investment Group
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Wednesday, July 20, 2022 12:53 PM EDT
Although mortgage rates have stabilized a bit, they remain at some of the highest levels since 2008 and have been heading marginally higher in the past week.
Steep Declines For Islamic Benchmarks In Q2, Lagging Conventional Indices YTD
Article By:
S&P Dow Jones Indices
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Wednesday, July 20, 2022 11:39 AM EDT
Shariah-compliant benchmarks, including the S&P Global BMI Shariah and Dow Jones Islamic Market (DJIM) World Index, continued to underperform their conventional counterparts YTD.
Existing Home Sales Now Down 25% From Peak; But Price Increases Keep Steamrolling On
Article By:
New Deal Democrat
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Wednesday, July 20, 2022 11:14 AM EDT
Sales have declined precipitously, while price appreciation keeps stubbornly rolling on due to (still!) a severe lack of normal inventory.
Gold Technical Analysis: Waiting To Go Higher
Article By:
Daily Forex
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Wednesday, July 20, 2022 11:01 AM EDT
For two days in a row, gold prices are trying to rebound upwards, but the gold market did not find strong momentum.
In this article: GLD
Weak Week
Article By:
Tim Knight
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Wednesday, July 20, 2022 10:40 AM EDT
The bulls indeed broke the curse of the “lower highs” yesterday by besting the horizontal drawn below, although at this moment it’s stumbling a bit on the /ES.
Catching Breath
Article By:
Monica Kingsley
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Wednesday, July 20, 2022 10:03 AM EDT
Crude oil is rising very modestly and needs more days backing and filling before conquering $105 again. The volume continues favoring the bulls – this week would be good.
Natural Gas Technical Analysis: Price Falling From Resistance
Article By:
Daily Forex
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Wednesday, July 20, 2022 9:28 AM EDT
Spot natural gas prices retreated in their recent trading at the intraday levels to record slight daily losses by -0.91%. They settled at $7.212 per million British thermal units, after falling in yesterday’s trading by -1.89%.
In this article: UNG
The Market Just Gave Us A Major Signal… Did You Catch It?
Article By:
Graham Summers
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Wednesday, July 20, 2022 9:19 AM EDT
As I noted in yesterday’s article, if you want to make real money from the markets, you need to ignore what the Fed is saying and focus on price.
