Lennar showing a massive double top and is currently sitting on support at $48 - looks poised to head lower.
saw the reversal candle on the 30 min, but came down to a double bottom. Now it is taking off..Question for the RBA what the hell are they doing? Won't be seeing an interest rate hike until 2019. Housing bubble around the corner for them, and if the UK can at least flame the worries of a hard brexit should see this pair rise.
This is the weekly chart of Savills PLC, real estate provider. I rarely trade stocks, but sometimes I see an opportunity that piques my interest, because it a) has an interesting chart and b) fits into my fundamental world view. In this case, I believe that housing is over-leveraged, and is 'affordable' only as a result of an artificially low interest rate...
Lennar has had an impressive performance record with a recovering economy and housing market. The company's continued effort on Real Estate development and Financing is fueling sales growth. Earnings should get a boost from cost cutting and operational efficiency efforts. Sales, however, are expected to dampen in the quarter with 120 homes deliveries postponed...
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
near all time highs-series of dojis -could get jump on earnings move-stop loss close below 8 ema-enter on short term confirmation candle-weekly cloud strong-historic low interest rates-get our book on amazon -web site and chat room coming soon micro cap longs some shorts and specialty etfs -adx trending-dmi strong-money flow good
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.