Weather pattern could mean for commodity prices. And the end of the dreaded annual performance review. Why it is now falling out of favor at so many more u. S. Companies. First, though, lets check in and welcome sarah eisen. Hi, sarah . Hi, tailer. Well begin the show with the housing market, Home Building rising to the highest level since 2007, a key measure of future construction plunged. Diana joinings us live from washington with all the numbers and back numbers. This is stocked full of contradictions. Single Housing Starts took a nice move up, nearly 13 for the month. Multifamily down 17 . Look at the big picture from whens we came. Single family construction is 25 below the 30year average. Multifamily is trying to make up for a decade of underbuilding. The Single Family construction surge in july much needed, yes. And it plays into the home depot numbers that were so stellar. Even when people buy new, they fix it up to their own liking. Some say the retailer needs to play to prof
About 0. 6 hang seng down almost as much. The shanghai turned in a positive day up by 0. 1 and in europe, in the early trading, at least at this hour, you will see that the markets are weaker as well the cac is the big loser down about 1. 4 . You can see declines of over 0. 7 for the dax, similar decline for the ftse alltime low on the fix yesterd vix yesterday. We kept saying complacency we cant go down suddenly the nasdaq is up. Midday reversal. Everybody told us yesterday that for some reason the vix wasnt the indicator it used to be for volatility or for complacency. If its an alltime low, dont you think people are not worried about anything doesnt that usually set things up for a rise in volatility. My god these things can move around vix up 6 yesterday. We want to get to washington we have breaking news overnight. That could add a bit to the vix. Senate republicans failing to repeal obamacare in a dramatic latenight vote on capitol hill. Kayla tausche has more reporter it was a l
Tenyear note around 2. 07 . Linkedin down 20 . Nasdaq led lower by apple, biotechs. Is that the correction weve all been waiting for. The issue with existing batteries is that they stuck. That was elon musk last night. The battery for the home. Will that move the needle on teslas stock . Visa and chevron, auto sales out. Well get ford and gm later this morning. What a week it has been. I was just talking about what weve been through the past few days. Tenyear above two. Apple losing 60 billion in market cap. Now linkedin yelp an twitter being sliced by 1 5 the past few days. I was on the linkedin quarter last night. Obviously, we are tired. Im on it i read it, i talk to the analysts i go through the quarter. Carl, i simply dont understand it. I only took a year of accounting. Ive had pretty good background in things. This was the hardest single quarter to understand. I think you saw 2015 go down 2016 go up. The stock being down is an overreaction. Frankly, not unlike twitter, not unlik
American Woodmark Co. (NASDAQ:AMWD – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 405,300 shares, a growth of 30.7% from the April 30th total of 310,100 shares. Based on an average daily volume of 129,900 shares, […]
American Woodmark (NASDAQ:AMWD – Free Report) had its price objective decreased by Loop Capital from $112.00 to $100.00 in a report published on Friday morning, Benzinga reports. Loop Capital currently has a hold rating on the stock. AMWD has been the topic of a number of other research reports. StockNews.com lowered American Woodmark from a […]