Pre-market futures right now are split, but weakening. Understandable, as we have seen record high closes on the S&P 500 so far this year in double digits, mostly in just the past couple weeks. Profit-taking wouldn’t be the craziest idea anyone had from current levels, and considering the morning’s data remains strong, we don’t see anything else pushing market futures down.Only the tech-heavy (AI-trade-heavy) Nasdaq is in the green at this hour, +42 points, +0.18%. This itself is off early-morning highs nea ...

Yes, Carl. These are June new home sales. Expecting a nice round number around 650,000 seasonally adjusted annualized units.Comes in on the light side, no surprise, 627,000. Uh but it is from a 623,000. So it is up just a smidge somewhere around a half a percent.But here's the deal. Last month 623,000 was the lowest in seven months going to October of last year. This is barely above that.It still comps to that. The previous month was a much more robust 722,000. So, we have back-to-back weak months.And we kn ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...