Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
(Bloomberg) -- U.S. home sales in December had their biggest plunge since the early months of the Covid-19 lockdowns as listings sank to record lows.Most Read from BloombergCannabis Compounds Prevented Covid Infection in Laboratory StudyFrequent Boosters Spur Warning on Immune ResponseSupreme Court Blocks Biden’s Shot-or-Test Rule for WorkersSay Goodbye to Self-Isolating, WFH Mandates, Mass TestingDjokovic’s Australian Visa Canceled Again in Public InterestTransactions fell 11% from a year earli
SEATTLE, January 14, 2022--Redfin reports housing supply fell to a new low in December, fueling a 3.6% month-over-month drop in home sales
Several large developments planned for Glenwood South have the potential to transform the sometimes-rowdy district into a more upscale commercial corridor.
SEATTLE, January 13, 2022--(NASDAQ: RDFN) — The median home sale price surged 16% year over year to an all-time high of $365,000 during the week ending January 9, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
For instance, Matthew Carletti of JMP Securities has a price target of $95 on Lemonade (NYSE: LMND), implying 156% upside from its current price. Machine learning models then correlate those variables with the likelihood of claims, theoretically allowing Lemonade to underwrite policies more precisely.
Redfin expects the deal to close in the second quarter. The company will eliminate 121 mortgage roles as it consolidates it lending operations.
Shares of Redfin were rising Wednesday as investors rallied behind news that the online real estate brokerage would acquire mortgage lender Bay Equity Home Loans. Redfin (ticker: RDFN) will purchase Bay Equity for $135 million in cash and stock. The price represents a $72.5 million premium over Bay Equity’s estimated book value as of Dec. 31, 2021.
When buying stocks, cheap is good. Redfin is trying to change that with some unique twists on an old industry. Redfin's long-term vision is to become a one-stop shop for the buying and selling experience, combining brokerage, mortgage, and title services into one tech-enabled platform.
At 10x Redfin’s existing lending business, Bay Equity matches scale of Redfin’s 2,400 agent brokerage to serve more customers with Redfin financing.
Redfin Corp. said late Tuesday it has agreed to buy mortgage lender Bay Equity Home Loans for $135 million in cash and stock. The San Francisco Bay Area lender is licensed in 42 states and employs about 1,200 people, Redfin said. "The acquisition accelerates Redfin's strategy to become a one-stop shop for brokerage, lending and other services," the company said. The deal is expected to close in the second quarter, pending customary approvals, and to be "accretive" to Redfin's per-share earnings