The U.S. equity markets tend to be luckier than you might think on Friday the 13th. Historically and on average, the Dow, S&P, and Nasdaq Composite have been up about 58% of the time or more on the day of Friday the 13th. Read More
The Mortgage Bankers Association said weekly purchases fell 11.7 percent to the lowest level since December 2000. Blame it on the homebuyer tax credit uncertainty, or maybe not. This, while 30-year fixed rate mortgages are below 5 percent. Read More
The S&P 500 snapped a 6-day winning streak with an ever-so-slight 0.07 point decline yesterday. However, rising 5.5% during the period, the run-up was the best such streak for the big-cap index since March 2003. Returning to the green today, the S&P is now up 7 of the first 8 trading days this month. Read More
With Microsoft's earnings report this morning, two thirds of the Dow 30 have now reported. Here is a summary of how things stand in terms of EPS and revenues. Read More