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Existing Home Sales Update: Total existing-home sales increased 2% to a seasonally adjusted annual rate of 5.59MM in July from a downwardly revised 5.48MM in June. Sales in July remained at the highest pace of 5.79MM since Feb. 2007, have now increased YoverY for 10 consecutive months and are 10.3% above from 5.07MM a year ago.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?
$AVGO 4Q results beat analyst’s expectations again this time. Time to make some hay while the sun shines ;)