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Weekly Preview: Fed In Focus as Tapering Fears Mount
Friday, June 14, 2013 - 3:44pm | 2219Next week, the Fed's policy statement, updated forecasts and Press Conference with Chairman Ben Bernanke will be closely watched. Key earnings from companies including FedEx (NYSE: FDX), Micron Technology (NASDAQ: MU), and Oracle (NASDAQ: ORCL) will also be watched. Key Earnings Earnings from...
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Benzinga Market Primer: Monday, April 22
Monday, April 22, 2013 - 6:19am | 972Futures Higher Following Asian, Yen Strength U.S. equity futures rose sharply pre-market following strength abroad overnight as Asian and European shares rallied alongside the yen slide. Yen weakness was a key driver of the risk-on environment as the USD/JPY closed in on the key 100 level once...
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Weekly Preview: Earnings Season Continues, Apple In Focus
Friday, April 19, 2013 - 4:38pm | 2911Next week, earnings season continues as investors eye key earnings from technology behemoths Apple (NASDAQ: AAPL) and chip maker Texas Instruments (NASDAQ: TXN). Texas Instruments' earnings and guidance is considered a key indicator for the semiconductor, and the broader technology industry by...
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Benzinga Market Primer: Thursday, March 21
Thursday, March 21, 2013 - 6:39am | 936Futures Flat on Global Manufacturing Data U.S. equity futures were flat in early pre-market trade following manufacturing PMI's from both China and the eurozone. China's HSBC Flash Manufacturing PMI rose to 51.7 in March, reversing February's drop and easing fears of a renewed Chinese slowdown....
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Benzinga Market Primer: Thursday, February 21
Thursday, February 21, 2013 - 7:28am | 826Futures Lower on Weak European Manufacturing Data U.S. equity futures fell in pre-market trading following weak Eurozone Manufacturing PMIs. The Eurozone Manufacturing PMI for February fell to 47.8 from 47.9 in January, worse than forecasts of a reading of 48.5, with weakness in France and Germany...
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Benzinga Market Primer: Tuesday, January 22
Tuesday, January 22, 2013 - 7:30am | 979Futures Flat on Bank of Japan Stimulus U.S. equity futures were flat overnight despite new pledges by the Bank of Japan to adopt a 2 percent inflation target and print unlimited amounts of new money to reach this target. The move signals a bold stance by Japanese economic authorities that they are...
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Chief Economist of the NAR, Logan Mohtashami (wink)
Monday, June 25, 2012 - 11:15am | 769In response to the spin machine called the National Association of Realtors ('NAR'): As Chief Economist of the NAR, this is my mid year update. The housing market is making mild progress. However, the massive headwinds are still out there. Even with historically low mortgage rates the...
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November Home Sales Better Than Expected (XHB)
Wednesday, December 22, 2010 - 11:10am | 56November existing home sales rose to 4.68 million, versus expectations of 4.65 million. This is a rise of 5.6% month over month, greater than what analysts had expected. The median home price in the month of November was $170,600. Shares of SPDR S&P Homebuilders ETF (NYSE: XHB) are up 1 cent to...
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Existing Home Sales Coming Out At 10:00
Wednesday, December 22, 2010 - 10:04am | 50Existing Home Sales are set to be released at 10:00 for the month of November, with economists expecting home sales to rise to 4.65 million, up from 4.43 million in October. Sales growth may come in negative, as the foreclosure moratorium and rising mortgage rates could have a negative impact on...