Martes 28/04/15 el precio del plomo confunde al mercado.

[Fenix]

US Real Estate Winners And Losers By City
Submitted by Tyler D.
04/28/2015 - 09:54

It took a while, but after going nowhere for the past year and in fact declining significantly on a Year over Year basis, the second tech bubble has once again managed to "trickle down" into the San Francisco housing market, which in the month of February saw the west coast tech mecca as the sterling outperformer of all US real estate markets according to the latest Case Shiller data. On the other end: Cleveland was down -1.0%.




Biotech Bubble Breaking Bad: 10% "Correction" To 1-Month Lows
Tyler D.
04/28/2015 10:19

It took 25 days to recover, and 2 days to lose all the exuberance that was 'well-deserved' and M&A-boom-driven, according to analysts.

h/t @StockCats

But with a drop of over 10%, Biotechs are officialy in 'correction' and falling on heavy volume...



When $140 Billion In Buybacks Isn't Enough...
Tyler D.
04/28/2015 09:52

After two efforts at spiking momentum (last night and this morning), AAPL shares are now down over 1% from the close and falling on very heavy volume. As Nanex's Eric Hunsader notes, AAPL has overtaken the e-mini S&P futures contract this morning as the most heavily traded security in US markets.

It appears $140bn in buybacks is just not enough... and the CFO said there will be no change to that until next year...

How long before the calls to remove 'the highly volatile' stock from The Dow?

[Fenix]

February Home Prices Jump To 7 Year Highs
Submitted by Tyler D.
04/28/2015 - 09:09

Despite the weather, home prices surge more than expected in February (as we presume those who braved the icy or heaty weather were desparate to buy). S&P/Case-Shiller 20-City index rose 0.93% MoM (vs 0.7% exp) and 5.03% YoY (vs 4.70% exp.). San Francisco led the way with a 2.0% MoM surge and Cleveland and Las Vegas were worst with home prices falling.




Submitted by Tyler D
Failed Chinese Local Bond Offering Leads To PBOC Easing Confusion

An inauspicious start to China's local government debt swap initiative has the PBoC scrambling to determine the best way to facilitate the successful issuance of new municipal securities as several provinces have reportedly canceled or delayed offerings. Now, the question is whether Chinese LTROs will be enough, or whether outright QE will ultimately be the only option.