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Friday links: pursuing excellence
3 months ago by abnormalreturns @ Abnormal Returns

Early Q3 GDP Tracking: Mid-2%
3 months ago by Calculated Risk @ Calculated Risk

From BofA: Next week, we will launch our 3Q GDP tracker with the July retail sales print. [August 9th update]emphasis addedFrom Goldman: We left our Q3 GDP tracking estimate unchanged at 2.6% (quarter-over-quarter annualized) and our Q3 domestic final sales forecast unchanged at +2.0%. [August 6th estimate]And from the Altanta Fed: GDPNowThe GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.9 percent on August 8, unchanged from August 6 after rounding. After this morning's wholesale trade release from the US Census Bureau, the nowcast of third-quarter real gross private domestic investment growth increased from 2.8 percent to 2.9 percent. [August 8th estimate]

Podcast links: busting investment myths
3 months ago by abnormalreturns @ Abnormal Returns

Fridays are all about podcast links here at Abnormal Returns. You can check out last week’s links including a look at the...

The Paradigm Shift That Caused IBD 50 Stock TransMedics To Double This Year
3 months ago by ALLISON GATLIN @ IBD: The New America

TransMedics stock has doubled this year, benefiting from a paradigm shift that could make more lifesaving organ donations possible. The post The Paradigm Shift That Caused IBD 50 Stock TransMedics To Double This Year appeared first on Investor's Business Daily.

The Trading Coach Podcast - 1009 - Trade It Or Scrap It? - Seems Insane But...
3 months ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

A very interesting trading dilemma looking at both the micro & macro side of portfolio development & the role that trading psychology may play in your decision-making. Beat The House Workshop - www.TierOneTrading.com

Dramatic Shift in Sentiment Suggests MORE PAIN Ahead
3 months ago by StockCharts TV @ StockCharts.com YouTube Channel

08.08.24: Final Bar host David Keller, CMT recaps one of the biggest up days for stocks in 2024 as technology shares surged almost 4% higher. He shares key levels to watch for NVDA, PH, HOOD, APP, OXY, LLY, PLUG, U, PARA, and ELF, addresses a dramatic shift in recent weeks for the AAII survey, and how some of the biggest one-day gains often come during bear markets. Check out our MarketCarpet feature to compare stock performance over multiple time frames: https://stockcharts.com/marketcarpet/?group=sec&isfullscreen=true&showsidetable=false&scheme=vanilla&period=onemonth 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 - Welcome to the Show 01:04 - Market Recap 05:00 - S&P 500 Large Cap Index ($SPX) 10:...

Relief rallies close the first of the gaps down; is there more to come?
3 months ago by noreply@blogger.com (Declan Fallon) @ Fallond Picks

Last week's selling was such a shock after markets had barely registered a loss since late 2023 that some form of recovery was likely. The question now is if this recovery has reached its peak, and the fear that had caused the initial decline will now reassert itself. For our lead indices, the most recent of the gaps down have now closed, so it will take a bigger effort to challenge the next round of gaps. The Russell 2000 ($IWM) finds itself in the $207.50-210 zone that had marked breakout resistance in spring and early summer. The most recent of the gaps has closed, so resistance may once again come to the fore in the coming days. There is not a whole lot of guidance from technicals; intermediate and short term stochastics have converged, and remain oversold, that might suggest there is another couple of days worth of gains to come (false rallies often end on the move out of an oversold state); perhaps topping out around $210-211. <script async="" crossorigin="anon...

Leading Index for Commercial Real Estate Increased 8% in July
3 months ago by Calculated Risk @ Calculated Risk

From Dodge Data Analytics: Dodge Momentum Index Expands Another 8% in July The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 7.9% in July to 216.3 (2000=100) from the revised June reading of 200.5. Over the month, commercial planning increased 6.8% and institutional planning expanded 11.1%. “While data centers have had an outsized influence on nonresidential planning activity in recent months, more momentum is building across many other major sectors and diversifying the story behind July’s growth,” stated Sarah Martin, associate director of forecasting at Dodge Construction Network. “The potential Fed rate cut in September is becoming increasingly more likely, alongside slower inflation and weaker labor market conditions. This is likely driving owners and developers to remain optimistic about 2025 market conditions and pushing more projec...

The Opportunity Cost of Market Timing in T-Bills
3 months ago by Ben Carlson @ A Wealth of Common Sense

What to do if you're holding T-bills and worried about lower rates from Fed Cuts The post The Opportunity Cost of Market Timing in T-Bills appeared first on A Wealth of Common Sense. ...

Be careful before you jump into these types of trades
3 months ago by Akil Stokes (Trading Coach at Tier On... @ Trading Coach Podcast

Be careful before you jump into these types of trades

CAUTION! Growth Stocks say "Don't Trust This Rebound!"
3 months ago by StockCharts TV @ StockCharts.com YouTube Channel

Join Tom Bowley, Chief Market Strategist at EarningsBeats, as he analyzes the current stock market rebound. Tom shows multiple growth stock charts, warning us that the worst stock selling may still be ahead of us. The IWF:IWD ratio chart, XLK, XLY, and XLC are just a few of the charts telling us to be very careful and not trust this rebound attempt. ➡️ Tom’s recorded webinar, “Pullback or Crash?”: https://www.earningsbeats.com/public/Recording-Pullback-or-Crash.cfm ➡️ Tom’s Chart of the Day: https://earningsbeats.com/sc ➡️ Follow Tom on social: https://social.earningsbeats.com 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 - Welcome! 00:20 - The Economy and the FED 02:35 - Dow Jones Industrial Avera...