New home sales in June fell to the lowest level since April 2020, reflecting declining builder sentiment as construction bottlenecks continue to slow new home building and raise housing costs. Sales of newly built, single-family homes in June fell 8.1% to a 590,000 seasonally adjusted annual rate from a sharply downwardly revised reading in May, according to...
Morgan Stanley Jumps On The $100 Oil Bandwagon Morgan Stanley expects oil prices to hit $100 per barrel in the second half of the year, becoming the latest major Wall Street bank to expect triple-digit oil prices by the end of 2022. The oil market is headed to a “triple deficit” of low inventories, low spare production capacity, and low investment, Morgan Stanley...
In one word: ALL. “Price makes news, not the other way around. A market is going to go where a market is going to go.” We all see the same charts, but at the end of the year only 5-10% will increase their capital. Year by year. I tried Turtle Trading System I and II, but it failed over 60% of time. It did not recognize the fake breakouts. So after 20 years of...