Monday, July 25, 2005

No cooling the housing market yet
Existing sales top forecasts at 7.33 million annual rate; prices post biggest jump since 1980.

Mortgage Interest Rates were better than friday today!
30 yrs fixed, 5.25%, and 3/1 ARM was 4.5%


Wal-Mart turns up heat in China
World's No. 1 retailer plays catch-up with foreign supermarket chains that dominate $240B market.


Dow is down -0.51% , Nasdaq is down -0.60%
GOOGLE droped $6.55 today!

The latest look at the highest-rated stocks boils down to this: high tech and home builders. Almost all 10 stocks topping Investor's Business Daily's performance ratings are in those two general areas.

1-Brookfield Homes(BHS) 2-Google(GOOG) 3-Ultra Petroleum(UPL) 4-Diodes(QSII) 5-Quality Systems(QSII)
6-Marvell Technology (MRVL) 7-Toll Brothers (TOL) 8-KB Home (KBH) 9-Meritage Homes (MTH)
10-Hovnanian Enterprises (HOV)

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