Housing Affordability – Best EVER!

May 31, 2013

Housing affordability. From the data, homes are more affordable than ever these days. As the cost has come down and incomes remain somewhat stable, the ZIRP (Zero Interest Rate Policy) of the Fed is allowing for more people to “enjoy” home ownership.

The chart below provides a glimpse into the historical range of “affordability” using a couple of different metrics. Note that there is also an axis that gives an indication when renting or owning Read more

Once Again, Trades Occur Ahead of Data

May 30, 2013

It is no wonder that there is still so much skepticism with the average investor. We see options spiking well before the announcement of a takeover and other questionable trades ahead of important data releases.

I can only recall a few occasions that any of these have led to the Read more

The Average Value of A Home Has Dropped ____% Since 2007?

May 30, 2013

With the latest reading of the Case Schiller 20-city monthly and YoY, there is definitely something to cheer about. The latest reading came in showing a gain of 10.9% on a year-over-year basis, helping to bring additional credibility that the housing market is continuing to strengthen. Add this to the recent pending, existing and new home sales and it is obvious that Read more

Horowitz on Curzio’s Podcast – 6 Stock Picks in 6 Minutes

May 30, 2013

In this episode of Frank’s podcast (definitely a podcast you want to subscribe to) we discuss the economy, market melt up and six stocks that may be poised to move. As always, we have a lot of fun and come up with Read more

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The Daily Eco: Disappointment All Around (Good For Markets)

May 30, 2013

What is good news for the economy may not be good news for the markets. As currencies are pushing and pulling equities around, the disappointment on the eco front hits the U.S. dollar. In turn, that will often push the markets.

With the negative surprised today, the U.S. dollar is off 0.73% and Read more

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