New residential construction in the U.S. rebounded by more than expected in the month of June, according to a report released by the Commerce Department on Friday. The Commerce Department said housing starts surged by 4.6 percent to an annual rate of 1.321 million in June after plunging by 9.7 percent to a revised rate of 1.263 million in May. more...
After reporting a substantial rebound by U.S. consumer sentiment in the previous month, the University of Michigan released a report on Friday showing a more modest improvement by consumer sentiment in the month of July. The University of Michigan said its consumer sentiment index climbed to 61.8 in July after surging to 60.7 in June. Economists had expected the index to rise to 61.5. more...
Market Profile is not a traditional technical indicator and it does not provide direct trading signals. But it complements a trading system, allowing traders to arrange the data and determine who controls the market, what fair value is, and what factors influence price movements. more...
Country music has always been part of Noah Cyrus’s artistic DNA. If you look closely enough, it’s been a deep root that runs through her entire discography — not to mention, a central part of the family tree that includes her dad Billy Ray Cyrus and sister Miley. more...
Stocks are set to open slightly lower, which I feel is Friday’s panic selling carrying over. In my opinion, this is a bullish sign. So with that in mind, the market still looks primed and ready to rally higher. more...
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