Pending Home Sales Down 30%
Airtime: Thurs. Jul. 1 2010 | 10:00 AM ET
Pending home sales fall 30 percent in May from April, with CNBC’s Diana Olick.
Similar Posts
Gold Price Collapse Looming?
Why to be cautious about gold right now, with Ashraf Laidi, CMC Markets
The Next Foreclosure Fight
Homeowners struggling to pay their mortgages are letting homeowners associations fees slide, and now HOAs are fighting back and foreclosing. Tom Skiba, of the Community Associations Institute; Bill Davis, an attorney; and CNBC’s Diana Olick discusses this trend.
Lacker on the Economy
Weighing in on the markets and the economy, with Jeffrey Lacker, Federal Reserve Bank of Richmond president and CNBC’s Steve Liesman.
Euro Zone to Lose Members?
There is an 80% or more chance the euro zone will lose members within the next two years, Erwin Grandinger from EPM Financial Services Group said citing the group’s clients. He added that part of the problem is having no direct communication between politicians and the markets.
Strong Week For The Market
Looking at the market, since Monday’s follow-through day, the market and a batch of leading stocks, steadily rallied which is a healthy sign. The fact that we have not seen any serious distribution days show up since Monday’s FTD bodes well for this nascent rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to start buying high quality breakouts. Trade accordingly.
Gold Could Exceed $2,000: Rogers
Jim Rogers, long known as “The Commodities King,” tells CNBC gold could cross $2,000 an ounce in the next five to 10 years.
