DC Lite #68

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1. Home prices. "The median U.S. home-sale price rose 6.1% year over year during the four weeks ending February 11, the biggest increase since October 2022."

2. Retail sales (I). Retail sales plunged by 0.8% MoM in January (vs. -0.1% est), the sharpest drop since March 2023. Control-group sales (used to calculate GDP) fell 0.4%, the first decline in 11 months.

3. AI talk. "One for the bulls. one for the bears. feel free to use whichever one confirms your priors."

See: TKer by Sam Ro

4. Yields vs stocks (I). "The direction of yields continues to matter more to equity valuations now than at any point over the last +2 decades."

5. US sector breadth. "A stock whose price is above a rising moving average cannot be in a downtrend. A stock whose price is below a falling moving average cannot be in an uptrend."

See: Grindstone Intelligence

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