Archive for September 24th, 2010

New Home Sales Hold Near Lowest Level on Record

| September 24, 2010

The Census Bureau reported that new home sales held steady at an annual rate of 288,000 in August, unchanged from July. As shown on the following graph from Calculated Risk, this rate remains near the lowest level on record. As expected, this was another very weak report, continuing to suggest that home values will experience […]

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Short-term Forecast for September 24, 2010

| September 24, 2010

Stock Daily Chart Analyses The following daily chart analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the big picture update. The S&P 500 Index The index closed sharply higher today, moving up to a new high for the uptrend […]

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