Did you come across several media reports, individuals and others betting on the crash of US economy and how everything will collapse. Here is a quote by Sir John Templeton - "bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria". So one can understand with the growing amount of pessimism all around as to which phase of...
A Dark Cloud Cover will be confirmed on the Monthly in about half an hour at the PCZ of a Bearish ABCD Pattern with MACD Bearish Divergence.
Welltower is yet another Real Estate focused stock that I have been tracking in anticipation of its potential downside. Yesterday they had earnings and it was nothing that impressive, so I think the Bearish RSI Divergence at this PCZ will take over and bring it down to at least $53.40 to fill the downside gap from here
Simon Property Group is going to close the month below a Bear Flag as the RSI breaks down and the MACD crosses bearishly. If this Bear Flag plays out, it will begin to push SPG below the B point of this potential harmonic BAMM, which would only complete once SPG reaches the 0.886 at around the $47.30 level. SPG is simply yet another REITs play that I will be on...
Traders, For the second time this year, regional banks are threatening to cross on over an essential support that has carried us through this secular bull market for 14 (going on 15) years! If our support breaks, I fear that regional banks could drag everything else down with it. Remember, it is regional banks that hold the loans for much of commercial real...
Emaar From Covid Low of mar 2020, it returned 4x in 3.5 years, more than the best real estate deal one could get. And was liquid all the way.....okay liquid 5 days a week !! At AED 6.3, its available due to the war like situation in Gaza. Load up at the current levels , the best high beta and liquid way to get exposure to Dubai Real Estate.
AMH has confirmed 3 Black Crows on the Monthly Timeframe and has cracked below an ascending channel and the 21SMA. I expect that we will get severe follow-through as both the Rental Sector and the Real Estate Industry in general continue their decline into the higher interest rate environment.
Blackstone is about to confirm a Bearish Evening Star Doji on the Monthly Timeframe today and is about to break down from its RSI Channel. This could then escalate into a Bearish BAMM on the Macro that would take it all the way down to the 0.886 Retrace around $30.00
need a break above 138 for next run , decent land bank in kitty , can it move ?
Building your new home is exciting, especially when you understand how the process works. It’s understandable that buyers are excited to see their new home built from start to finish says Chip Perschino, senior vice president of construction at Edward Andrew Homes. “Our homeowners enjoy watching the home come together, from pouring the foundation to framing and...
The Double Bottom Pierce pattern on the AMEX:IYR weekly chart suggests potential bullish action in the real estate sector, making it a point of interest for traders and investors alike. As always, prudent risk management and due diligence are advised.
Heidelbergcement's future not looking good amid a raising interest rates environment for real estate promoters. Technical analysis: Bearish A Head and Shoulders pattern could be underway since Sep 2022 and once the stock has reached a double ceiling level at 77.50€. Besides, a Dark Cloud cover was formed on Friday 29th of September in the right shoulder and...
Over the past 18 months, U.S. mortgage rates have soared from 2.9% to 7.6%, their highest since 2001. Will this tremendous increase in mortgage rates cause the U.S. housing market to crash like it did in 2008? On one hand, higher mortgages have led to a steady decrease in the number of new mortgages being issued. In recent weeks, the number of new mortgages has...
OK, I'm still watching a couple of stocks and if I were thinking of allocating to real estate, I would definitely vote DCA now on this REIT - A growth stock with a long-term, regular monthly dividend of +- 5% Liquidity, scalability, no worries... Thinking about allocating to real estate? Now is the time to start with DCA..
Real Estate looks to be in for a bumpy ride. this ETF has just triggered a massive breakdown that suggest much more downside. Why is real estate so weak? 2 words...Rising Yields.
Trend No doubt for now upp is under pressure and we are not seeing any buying pressure. People are waiting for the news to get a clear direction. If there is any positive news coming out from upp this stock will fly and it will go past 0.50 very quickly. If you are holding this stock for now its in a chart pattern and at the support zone. If it breaks then it...
PRA Group is currently trading above a Support/Resistance Congestion Zone visible on the Weekly Timeframe, and at this zone it has formed a decently sized Bullish Shark pattern with a Bullish PPO Arrow as confirmation, and this all happens to align with the all-time 0.786 retrace. If this plays out, I think it could come back up to make around a 0.886 retrace,...
When comparing the price action between BAC and PACW, it can be seen that both stocks exhibit the same price action, which is a Rising and Broadening Structure leading into the PCZ of a Bearish Alt-Bat, which all eventually came to a halt upon getting Bearish PPO Confirmation. This led to a breaking of the 21-Month SMA before ultimately flushing down to all-time...