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- Market Turmoil: Cassava's Plunge & Class Actions Heat Up! 📉
Market Turmoil: Cassava's Plunge & Class Actions Heat Up! 📉
Ryan Serkes
December 20, 2024
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Technical Analysis Results
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Buy |
We recently published a list of 10 Best Undervalued Energy Stocks To Buy According to Hedge Funds. In this article, we are going to look at where Schlumberger Limited (NYSE:SLB) stands against other best undervalued energy stocks to buy according to hedge funds. Despite the stated goal of energy dominance, the US has already achieved […]
Schlumberger (SLB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Buy |
The Federal Reserve cut interest rates by 25 basis points at their final meeting of 2024 with a majority of central bank officials now expecting to only cut rates twice in 2025. What kind of impacts could this have on mortgage rates and the US housing market? Fannie Mae (Federal National Mortgage Association) chief economist Mark Palim sits down with Josh Lipton talk about more about pricing trends in the housing market. Fannie Mae's affiliate organization, the Federal Home Loan Mortgage Corporation (or Freddie Mac), is scheduled to release the latest mortgage rate figures Thursday morning. "The key issue for the housing market in the United States, for sure, has been affordability, of which high mortgage rates [are] definitely part of that discussion and it's also being renter affordability," Palim says. "The Fed today came out and ratified... bond market investor concerns about whether inflation would be as stickier than it looked six months ago, or that they even looked at the beginning of the year. So you should expect mortgage rates to... remain a little higher than they might have otherwise been." Palim describes mortgage rates, a key component for the lock-in effect for homeowners, as being in a "tug-of-war" with housing affordability: "People don't want to move and give up that 3% mortgage rate and affordability. We started the year with existing home sales running at 4.2 million; we're ending the year running... around 4 million. So you're seeing the higher rates relative to where they were a few years ago really starting to affect demand." To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.
The US Census Bureau released November's housing construction data, giving an updated look at the health of the real estate market. Housing starts declined 1.8% month over month, reaching their lowest level since July. However, single-family housing starts showed resilience, rising 6.4% from the previous month. Building permits also demonstrated strength, climbing 6.1% month over month. Morning Brief anchors Madison Mills and Brad Smith dissect how homebuilder stocks are reacting to the data. Lennar (LEN) is set to report its latest earnings print after Wednesday's market close. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Buy |
Lower-rate loans and other incentives have helped the biggest home builders sell new houses at a decent clip this year, even as stubbornly high mortgage rates weigh on sales of existing homes.
LEN earnings call for the period ending September 30, 2024.
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Buy |
NVR, Inc. (NYSE: NVR) announced today that its Board of Directors has authorized the repurchase of up to an aggregate of $750 million of its outstanding common stock. The repurchase authorization does not have an expiration date. The purchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit. The Company indicated that the authorization is a continuation of the stock repurchase program that began in 1994 and is consistent wit
DFH vs. NVR: Which Stock Is the Better Value Option?
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Buy |
Lower-rate loans and other incentives have helped the biggest home builders sell new houses at a decent clip this year, even as stubbornly high mortgage rates weigh on sales of existing homes.
The Federal Reserve cut interest rates by 25 basis points at their final meeting of 2024 with a majority of central bank officials now expecting to only cut rates twice in 2025. What kind of impacts could this have on mortgage rates and the US housing market? Fannie Mae (Federal National Mortgage Association) chief economist Mark Palim sits down with Josh Lipton talk about more about pricing trends in the housing market. Fannie Mae's affiliate organization, the Federal Home Loan Mortgage Corporation (or Freddie Mac), is scheduled to release the latest mortgage rate figures Thursday morning. "The key issue for the housing market in the United States, for sure, has been affordability, of which high mortgage rates [are] definitely part of that discussion and it's also being renter affordability," Palim says. "The Fed today came out and ratified... bond market investor concerns about whether inflation would be as stickier than it looked six months ago, or that they even looked at the beginning of the year. So you should expect mortgage rates to... remain a little higher than they might have otherwise been." Palim describes mortgage rates, a key component for the lock-in effect for homeowners, as being in a "tug-of-war" with housing affordability: "People don't want to move and give up that 3% mortgage rate and affordability. We started the year with existing home sales running at 4.2 million; we're ending the year running... around 4 million. So you're seeing the higher rates relative to where they were a few years ago really starting to affect demand." To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.
RSI Buy | MFI Buy | WillR Buy | AO Buy |
CCI Buy | BBANDS Buy | ULTOSC Buy | STOCH Buy |
Consumer staples stocks are seen as defensive plays because they’re typically safe havens in turbulent markets. On the other hand, they usually underperform during bull runs, but the sector has bucked this trend lately as its six-month return of 10.3% has closely followed the S&P 500.
Consumer staple stocks like TSN, UNFI, INGR and CLX that belong to the defensive space are a safe bet during times of market volatility.
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Technical Indicator Information
Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30
Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20
Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80
Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75
Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal
Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20
Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100
Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band
Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price
Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0
Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30
Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI
Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25
Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.
Disclaimers
The information in our newsletter is not intended to constitute investment advice and is not designed to meet your personal financial situation. It is provided for information purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor or a group of investors. It should not be assumed that any investments in securities, companies, sectors or markets identified and described will be profitable. We strongly advise you to discuss your investment options with your financial advisor prior to making any investments, including whether any investment is suitable for your specific needs.
Although we obtain information contained in our newsletter from sources we believe to be reliable, we cannot guarantee its accuracy. The analysis provided in this newsletter is based on the prior trading day’s closing prices and may not reflect after-hours trading, earnings announcements, or other significant market events that occur outside regular trading hours. As such, any data or commentary may not fully capture the latest market movements or emerging factors. For the most current and comprehensive view, please consider additional sources or consult with a qualified financial professional.
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