Inventories

Bearish

Sentiment In Oil Markets Is Decidedly Bearish | OilPrice.com

The benchmark U.S. February WTI crude oil futures index closed lower for a fifth consecutive session on Thursday, completing a lower close for the week. The market was higher earlier in the day following the closure of a major crude oil pipeline between Canada and the United States. However, those gains were erased as traders …

Sentiment In Oil Markets Is Decidedly Bearish | OilPrice.com Read More »

Rising inventories will be the next problem in the housing market

Rising inventories will be the next problem in the housing market

(Bloomberg Opinion) — The US housing market is in a precarious state of equilibrium. Demand fell as mortgage rates hit two-decade highs, but prices haven’t fallen much, in part because supply also remains low. If borrowing costs don’t start to normalize early next year, the scales could eventually tip and prices could fall. The start …

Rising inventories will be the next problem in the housing market Read More »

Home sales in the United States fall for the 9th consecutive month in October |  CNN Business

Home sales in the United States fall for the 9th consecutive month in October | CNN Business

U.S. home sales fell for the ninth straight month in October as soaring mortgage rates and high prices pushed buyers out of the market. Sales of existing homes — which include single-family homes, townhouses, condominiums and co-ops — were down 28.4% in October from a year ago and 5.9% from September , according to a …

Home sales in the United States fall for the 9th consecutive month in October | CNN Business Read More »

This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

This record Nvidia revenue number is a chilling sight Read More »

This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

This record Nvidia revenue number is a chilling sight Read More »

Inventories fall after retail sales;  Target dives on missed gains

Inventories fall after retail sales; Target dives on missed gains

The Dow Jones Industrial Average fell Wednesday morning after stronger than expected retail sales data from the Commerce Department. Investors also digested a series of early earnings reports from retailers. Target plunged more than 16% on weak results, while Nvidia’s earnings are expected to be released after the close. X Among the best stocks to …

Inventories fall after retail sales; Target dives on missed gains Read More »