Update USA Housing
Housing starts declined in March on a seasonally adjusted basis by 6.8%. This is not as dramatic as appears on the surface given that February was a record high since October 2007. On an annual basis, starts are up 8.7%.
USA Stock Status Change Report
A nice balanced day. Some banks have moved down through the Sell range and returned to Fair Value range.
USA Snap Shot
International markets were big disappointments yesterday with declines posted in all areas. China took the largest hit dropping 1.72% to 8.90% for the year. Domestically, the U.S. market continued along previous directions with give ups in one area to be offset by gains in others. Large cap gave up 0.30% while mid and small cap advanced 0.04% and 0.09%, respectively. Just slightly half of the sectors lost ground while the others advanced. And, the bond market flipped again between high yield and more stable debt areas. It is a repeat of the previous several weeks as a wait-and-see condition remains in place.
Update USA Inflation – Food
Agriculture related stock companies will be enjoying stable material prices in the foreseeable future. Raw materials will not be contributing to inflation with most areas seeing increases in product inventories. Prices should remain at current prices with some areas, such as soybean experiencing declines.
USA Stock Consideration Change Report
USA Stock Consideration Change Report