Stock Consideration Change Report
American Airlines earns a Buy consideration, 8 stocks move back into fair range, 10 move into Sell consideration range. Market remains tilted to Sell, Sell Watch side.
Stock Consideration Change Report
Mercury Systems moves to Sell Watch list.
Economic: USA: Consumer Credit: Default Rates
Currently, the index is portraying a consumer that has debt under control and manageable. Bank credit cards and first mortgage rates improved while auto loan default rate remained unchanged. The composite index is at 0.86 in June which is 0.03 points lower than last month, but 0.04 points higher than this time last year. Mortgage defaults are also slightly higher, year-over-year at 0.63. Auto loans have increased by 0.11 points from last year.
Stock Consideration Change Report
Chico’s, Bank OZK and U.S. Concrete earn Buy consideration and Anthem, CA, Inc., and WD-40 Company earn Sell consideration.
Stock Fair Value Changes
NextEra Energy advances $7/share in Fair Value