Almost 40% of Americans plan to spend less this holiday season as the Covid pandemic lingers
Shoppers hold hands at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Almost 40% of Americans plan to spend less on gifts this holiday season than they did last year, the largest...
Stocks making the biggest moves in the premarket: Disney, Qualcomm, Nio, Lululemon & more
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney said its Disney+ streaming service now has 86.8 million subscribers, a number it says could grow to 260 million by 2024. The company...
Stock futures flat as stimulus deal remains unresolved
Stock futures were flat in overnight trading on Thursday as the future for additional fiscal stimulus remained uncertain. Futures on the Dow Jones Industrial Average gained about 50 points. S&P 500 futures and Nasdaq 100 futures were both little changed....
Rising unemployment claims could be foreboding for the economy
The surprise jump in new jobless claims filings to the highest level since mid-September signals a weakening in the labor market that could drag down the economy into the first quarter. Initial claims for state unemployment benefits jumped to 853,000,...
Jobless claims rise more than expected after break from holiday
The pace of weekly jobless claims jumped last week after filings caught up with a decline due in part to the Thanksgiving holiday. First-time claims for unemployment insurance totaled 853,000, an increase from the upwardly revised 716,000 total a week...
Homeowners are $1 trillion richer thanks to the pandemic-driven housing boom
American homeowners are $1 trillion richer as the pandemic-driven housing boom pads their pockets. As prices rise, home equity multiplies. In the past year, homeowners with mortgages, representing about 63% of all properties, have seen their equity increase by 10.8%,...
Trend shows home price growth at record high, rising at fastest pace since early 2000s
Housing is doing something it hasn’t done since the bubble. According to economic forecaster Lakshman Achuthan, home prices across the country are rising at the fastest pace since 2004. Plus, he finds price growth is at a record high. “This...
Mortgage rates set 14th record low of the year, driving even more refinance demand
Mortgage rates fell again, falling to a record low for the 14th time this year, defying their usual correlation to Treasury yields, which have recently been moving higher. And that is sending ever more borrowers to their lenders looking to...
Stocks making the biggest moves in the premarket: FireEye, GameStop, United Natural Foods & more
Take a look at some of the biggest movers in the premarket: Campbell Soup (CPB) – The food maker reported quarterly profit of $1.02 per share, 11 cents a share above estimates. Revenue topped forecasts as well. Campbell also raised...
Universal basic income could decimate cities next year, one bank says in its ‘outlandish forecasts’
LONDON — Saxo Bank says universal basic income could become a permanent reality next year, triggering a “seismic rebalancing” of society as workers wave “bye-bye” to big city life. In a report entitled “Outrageous Predictions,” the Danish bank on Tuesday...
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Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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