16 Jun 2015

June Jump In U.S. Builder Sentiment Versus Recent Spike In Mortgage Rates

by | posted in: Credit, Economy, Equities, Technicals | 0

U.S. home builder sentiment in June jumps, to match post-bubble high of last September Recent spike in interest rates, if sticks, potentially shot across housing bow ITB acts tentative, but has not given up on crucial 26 support U.S. home … Continued

21 Jan 2015

ITB close to breaking crucial support

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

U.S. home builder sentiment chirpy, near multi-year highs Just a matter of time before sentiment follows home sales/starts lower Stocks follow builder sentiment; ITB perilously close to breaking crucial support Hope springs eternal.  U.S. home builders are an optimistic bunch.  … Continued