Fundamental Actual Immediate Outlook Fixed-income: 10-yr Treas. 5.0 1.87 neutral Equities: S&P 500 2000 1650 heading higher Equities: Dow Jones 16,000 15,233 heading higher The lack of significant economic news is likely to continue this coming week. I’m adding a new feature to my weekly report–my golf score! While this will be of little interest [...]
Robert Genetski’s Weekly Financial Update & Stock Impact Gauge 5/13/2013
May 14, 2013 By 2 Comments
Fundamental Actual Immediate Outlook Fixed-income: 10-yr Treas. 5.0 1.81 neutral Equities: S&P 500 2000 1627 positive Equities: Dow Jones 16,000 15,083 positive There was little in the way of significant economic news this past week. Not much should change in the coming week. Investors seem to appreciate the lack of news. Market Outlook The hyperbolic [...]
The Meyers Report: Economic Notes
May 14, 2013 By 1 Comment
Although there are only second tier economic numbers due this week, several have the potential to affect financial markets. Retail sales for April were up 0.1%, and hold the potential to dampen investor’s optimism. March sales were down 0.4% for the month and were up only 2.8% from a year ago. However, retail sales data are extremely unreliable and subject [...]
The Meyers Report: SBA and the 4 Cs
May 14, 2013 By 1 Comment
SBA Loans Growing In Number On May 4th, the SBA reported that year-to-date, there have been 26,010 SBA 7-A loans issued for a value of $9.739 billion. While this is up from last year’s Y-D of 25,047 and $8.094 billion, it is down from 2011 by 23.95% in loan count and 26.65% in dollars. With [...]
The Meyers Report: Economic Notes
May 6, 2013 By 2 Comments
Major Non-Bubble Housing MarketsSeptember, 2012 – February 2013 Monthly Price Changes (Middle Tier – $150-$270K) Sept. Oct. Nov. Dec. Jan. Feb. Atlanta 1.69% 0.96% 0.95% 1.06% 1.51% 1.47% Boston -0.41% -1.51% 0.12% -0.57% 0.29% -0.08% Chicago -0.24% -0.56% -0.31% 0.71% -1.34% -0.89% Denver 0.49% 0.48% 0.46% -0.15% -0.48% 0.27% Minneapolis 1.40% -0.18% -0.41% 0.49% -0.55% [...]
Robert Genetski’s Weekly Financial Update & Stock Impact Gauge
May 6, 2013 By 1 Comment
Fundamental Actual Immediate Outlook Fixed-income: 10-yr Treas. 5.0 1.64 neutral Equities: S&P 500 2000 1598 positive Equities: Dow Jones 16,000 14,832 positive Friday’s employment report has some good and bad news for economic performance. Although the economy continues to grow, it also continues to have serious problems. Market Outlook An erratic stock market began last [...]
The Meyers Report: Our Bi-Polar Economy
May 6, 2013 By 3 Comments
The bi-polar nature of economic news continued this past week. There is enough good and bad news in the economic numbers to satisfy anyone who enjoys these bipolar tendencies. For every piece of news showing the economy is doing well, there is another piece revealing problems. Let’s start with the good news. Consumer spending in [...]
The Meyers Report: Housing
May 2, 2013 By 1 Comment
There is no question that the housing market is better than this same time last year. The months’ supply of homes for sale has declined sharply. In arch of 2013 the supply of existing homes was down to 4.9 months from 6.9 in March of 2012. New homes inventory is down to 4.4 months, from 4.9 months. However, is there a problem brewing? Since bottoming in January, the supply of new and existing homes has climbed for two [...]
The Meyers Report: Truck Shipments
May 2, 2013 By 3 Comments
Truck freight activity has been rising for the past two months, with February and March being up 0.2% and 2.2%, respectively from the same time last year, according to Cass Information Systems, an affiliate of Cass Bank, a leading expert on freight shipping and finance. The Cass index is based on activity of 350 large shippers and approximately $22 billion annually in [...]
The Meyers Report: Oil Plays Well for US
May 2, 2013 By 1 Comment
Energy absolutely is America’s future. This week we look at the oil rig count throughout the world, because oil rigs are used for finding and developing oil plays. They indicate the future of production. “The US has as many rigs running as Russia and China combined, and about one-third of all the rigs in the [...]
