KB Home has been gaining steadily with the recovery in the housing market since 2009. The industry as a whole is enjoying solid demand from a recovering economy and a limited inventory. KB Home has been enjoying a steady boost to its business from increased rentals. The company has put effort on increasing revenues per community and profits per unit, boosting...
Taylor Wimpey has steadily under performed the benchmark index over the past few months and looks set to break lower. Sell with a stop at 146.5p, targeting a move down towards the 'Brexit' low at around 118p
Going long on a retest of the .32450 level (61.8 Fib Level). Pair has been bullish for a while now. OPEC news didn't do this pair any favors. Canadian Housing News comes out tomorrow. Thoughts?
Will PHLX New High break UP or do we have nice SHORT Opportunity from 2016 TOP? Inverse HS on Daily? iBrokers www.ibrokers.ee
EURUSD: Selling EUR due to good forecast on USD
What is this chart? This is the Real-Estate Investment Trust (REIT) $MSCI it is the underlying asset for the 3xLeveraged Short Real-Estate ETF $DRV. Why is it important? Because if you buy $DRV during a housing market crash you can make some pretty insane returns, and if you look at the Elliott Wave count (unconfirmed) you will see that $MSCI has possibly just...
Real Estate (VNQ) didn't quite climb back up to the since-2009 purple line last week, and it started to drop away from it this week.
US housing market, measured by New Home Sales is continuing its recovery in line with its relevant trendline, in line with Housing Starts and Building Permits data. However in comparison to Starts and Permits, New Home Sales data comes in with a much softer slope. Thus the expected recovery of this indicator is expected in 2020, if its relevant uptrend holds....
Housing market was hit the hardest back in the 2008-2009 US recession, which triggered by the burst of the mortgage backed securities bubble. Since then, US economy has restored her losses in most regards, if one is to look at the economic data. Housing market, however, started to recover only in 2012 and is yet to reach its pre-bubble performance. In line with...
Housing market was hit the hardest back in the 2008-2009 US recession, which triggered by the burst of the mortgage backed securities bubble. Since then, US economy has restored her losses in most regards, if one is to look at the economic data. Housing market, however, started to recover only in 2012 and is yet to reach its pre-bubble performance. In line with...
Risky to buy LIC Housing Finance at this time. Fibonacci clusters of resistance are appearing at the tip of the price travel. We need to watch the levels of 506/508 carefully before buying this stock. If it fails at any of these levels, we can expect a C wave to 380 levels.
Housing market was hit the hardest back in the 2008-2009 US recession, which triggered by the burst of the mortgage backed securities bubble. Since then, US economy has restored her losses in most regards, if one is to look at the economic data. Housing market, however, started to recover only in 2012 and is yet to reach its pre-bubble performance. It is...
$RH has a big test coming up. Was able to hold 18 month support and 50 week MA. Big test will be next week to see if it can break the 20 day MA. If it holds the breakout, buy and look for it to hit $103-$105 at the resistance.
Earlier this month, the idea of lumber being a signal for economic data was brought to the table (here). Lumber is not necessarily a trader’s first go-to for evaluating economic forecasts, but there is a striking resemblance in trend for lumber and the ISM manufacturing PMI data. As lumber prices dive, manufacturing data tends to do the same (and vice versa)....