building permits – Hedgopia

22 Sep 2016

Mixed Signals In Housing, Even As Permits Substantially Lag Starts

by hedgopia | posted in: Economy | 0

U.S. housing continues to send mixed signals … has been that way for a while. August’s existing home sales will be reported later this morning. July was down 3.2 percent month-over-month to a seasonally adjusted annual rate of 5.39 … Continued

19 Aug 2015

ITB Breaks Out, With Improved Price Action, But Worth Waiting For Breakout Retest

by hedgopia | posted in: Derivatives, Economy, Equities, Technicals | 0

ITB, the iShares Home Construction ETF, has broken out. Support at $26 goes back to May 2013, and was defended several times during late April and early June. Since late April, ITB had also been trading within an ascending channel. … Continued