Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 4th of March.
In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.
3 STOCKS WORTH WATCHING TODAY:
DOLLAR TREE STORES (DLTR)
Hearing the administration talk about the all the terrible effects of sequestration, we may all end up shopping at DOLLAR TREE STORES (DLTR). We will be looking at this stock today to see why it may be a better bet than Dollar General. Continue reading "Today's Video Newsletter: After SEQUESTRATION - 3 Stocks That Are Going to Affect Your Pocketbook!"
Hello traders everywhere! Jeremy Lutz here, with your mid-day market update for Wednesday, the 27th of February.
THE HOUSING MARKET CONTINUES TO SHINE
After yesterday's news that new home sales rose nearly 16 percent in January, The National Association of Realtors (NAR) showed a much bigger than expected increase in its pending home sales index today, which reached its highest level since April of 2010 in January. NAR said its pending home sales index rose by 4.5 percent to 105.9 in January after falling by 1.9 percent to 101.3 in December. Economists had expected the index to increase by 3.0 percent.
What is a pending home sale? A pending home sale is one in which a contract was signed but not yet closed. Normally, it takes four to six weeks to close a contracted sale. Continue reading "Today's Video Newsletter: The housing market continues to shine"