Thursday’s Economic Data Signals a Growing Economy

Thursday’s Economic Data Signals a Growing Economy

#economic #growth #housing #emplyment #mega-cap #stocks $DIA $SPY $QQQ $RUTX $VXX Thursday’s action drew support from a better-than-expected housing starts and building permits report for December. The NAS Comp (+0.6%) and S&P 500 (+0.03%) finished at fresh record highs Thursday on the strength in several Mega-caps Apple (NASDAQ:AAPL) 136.87, +4.84, or +3.7% was the most influential mover […]

President Trump was Not the Cause of the Domestic Terrorist Attack on the Capitol Building

President Trump was Not the Cause of the Domestic Terrorist Attack on the Capitol Building

#PresidentTrump #CapitolBuilding #Terrorist #Attack #Congress The MSM and pundits discussion of the rioting last wk in Washington, DC have not been based on logic or reason Looking at President Trump’s statements, the real cause of the riots was the lack of the response of the Capitol Police. President Trump did not incite the riots. He […]

US Housing Starts Spike 4.9%, Building Permits at a 13.5-yr Highs

US Housing Starts Spike 4.9%, Building Permits at a 13.5-yr Highs

#housing #starts #permits #virus #chaos “The stock of housing under construction increased 1.2% to a rate of 1.224-M units, the highest since December 2006″ — Paul Ebeling   US homebuilding increased more than expected in October as the housing market continues to be driven by record low mortgage rates, and is expected to continue, despite […]

On the Market, Know and Digest This “the Bulls are in Charge”

On the Market, Know and Digest This “the Bulls are in Charge”

#Bulls #Summary #markets $DIA $SPY $QQQ $RUTX $VXX Summary US stocks closed flat to unchanged Monday despite strength in the tech sector. US Treasures advanced, sending 10-yr yields down 2 bpts. USD declined modestly Vs the G-10 basket, with the AUS pacing gains. Gold strengthened more than 2%. Asian equity futures are higher. US corporate investment-grade […]

US Housing Market Will Be a Leader in Economic Recovery Plus…

US Housing Market Will Be a Leader in Economic Recovery Plus…

$DIA $SPY $QQQ $RUTX $VXX … recently released figures indicate that retail sales in May increased by 17.7%, and that is the biggest monthly gainer ever. This number re-enforces the forecast that a V shaped recovery from the instant recession has begun. This means that as construction reopens we seeing the positives. Housing starts rose […]

Spain: Unfinished Gaudí Church Gets Permit after 137 Years

Spain: Unfinished Gaudí Church Gets Permit after 137 Years

An official building permit has been issued for the unfinished Barcelona church designed by architect Antoni Gaudí 137 years after construction started on La Sagrada Familia Basilica. Barcelona City Hall says it granted the current builders a work permit that is valid through Y 2026. The builders say that is enough time to finish raising […]

US Housing Starts + 18.6% on Single-Family Homes

US Housing Starts + 18.6% on Single-Family Homes

US housing starts spiked 18.6% in January, as builders ramped up construction of single-family houses to the fastest pace in 8 months. The Commerce Department said Friday that January ground breakings occurred at a seasonally adjusted annual rate of 1.23-M. Home construction rebounded sharply from December, when the annual rate was just 1.04-M. The lion’s share of […]

US Housing Starts Fell to 2-Yr Lows in December

US Housing Starts Fell to 2-Yr Lows in December

$SPY, $USD US homebuilding fell to a more than 2-year lows in December as construction of both single and multi-family housing declined, the latest indication that the economy lost momentum in the fourth quarter. Other details of the report from the Commerce Department on Tuesday were also downbeat and suggested that the housing market could remain sluggish […]

President Trump, “I am Not Happy with the Deal”

President Trump, “I am Not Happy with the Deal”

Tuesday, President Trump expressed displeasure with a tentative deal by congressional negotiators on border security spending that offered no funds for his promised US-Mexican border wall, but did not reject it outright, indicating he did not expect another government shutdown. President Trump demand for $5.7-B from Congress to help build the Wall, said he has […]

US Home-Sales Dive Stunning Real-Estate Agents

US Home-Sales Dive Stunning Real-Estate Agents

$BAC US real estate brokers are trying to figure out why sales of existing homes dove in December. US home sales fell to their lowest mark in 3 years in December and house price increases slowed sharply, suggesting a further loss of momentum in the housing market. The weak report from the National Association of Realtors […]

US Housing Starts Rise, Large Scale Multi-family Development Continues

US Housing Starts Rise, Large Scale Multi-family Development Continues

US Housing Starts Rise, Large Scale Multi-family Development Continues US home-building rose in October on continuing multi-family housing projects, but construction of single-family homes fell for a 2nd month running, suggesting the housing market has softened as mortgage rates rise. Other details of the report published by the Commerce Department on Tuesday were also soft. Building permits declined […]

President Trump on the FBI, “Even the building is ‘brutalist architecture”

President Trump on the FBI, “Even the building is ‘brutalist architecture”

President Trump on the FBI, “Even the building is ‘brutalist architecture” US Pesident Donald Trump is not happy with the J. Edgar Hoover building in Washington, DC, home to the FBI’s HQ, which he called “brutalist architecture.” “Even the building is terrible,” President Trump said. “It’s one of the brutalist-type buildings, you know, brutalist architecture. […]

President Trump, “We are Building the Wall.”

President Trump, “We are Building the Wall.”

President Trump, “We are Building the Wall.” Wednesday, US President Donald Trump said his administration will begin work on a section of his promised US-Mexico border wall in San Diego, at the request of the major California county.” San Diego has asked us to go forward with their section of the wall in California and […]

“Walls Work”, We are Building ‘The Border Wall’

“Walls Work”, We are Building ‘The Border Wall’

“Walls Work”, We are Building ‘The Border Wall’ Backing The Trump Administration’s border wall plans, Acting Deputy Commissioner of US Customs and Border Protection Ronald Vitiello pointedly struck back at criticism aimed at the border wall’s funding, necessity, and effectiveness Friday, saying his “agents and officers have decades of experience” and are “vocal about their […]

US Housing Starts Decline, Building Permits Stabilize

US Housing Starts Decline, Building Permits Stabilize

US Housing Starts Decline, Building Permits Stabilize $DIA, $SPY, $QQQ, $VXX US home-building declined in December on a slowdown in the construction of single-family housing units following 2 months of strong gainers. Housing starts decreased 8.2%to a seasonally adjusted annual rate of 1.192-M units, the Commerce Department said on Thursday. November’s sales pace was revised up to […]

Bangkok’s Newest Luxury Landmark: Magnolias Ratchadamri 

Bangkok’s Newest Luxury Landmark: Magnolias Ratchadamri 

Bangkok’s Newest Luxury Landmark: Magnolias Ratchadamri Magnolias Ratchadamri Boulevard is the latest Super-luxury development that has risen in Bangkok, Thailand. The 60-story high-rise mixed-use development sits on 9,600 sqm of prime real-estate on Ratchaprasong Road, comprising luxury residences and the 5-Star Waldorf Astoria Bangkok, the 1st Waldorf Astoria in South East Asia. To elevate the […]

 Li Ka-shing’s HK Skyscraper Sold for Record HK$40.2-B

 Li Ka-shing’s HK Skyscraper Sold for Record HK$40.2-B

 Li Ka-shing’s HK Skyscraper Sold for Record HK$40.2-B The landmark building owned by Hong Kong’s richest man Li Ka-shing has been sold to a consortium led by a Chinese energy firm. A landmark building owned by Hong Kong’s richest man Li Ka-shing, 89 anni, has sold for a record price a report said last week, […]

US Housing Starts Fall for 2nd Month Running, Stocks Mark Record Highs

US Housing Starts Fall for 2nd Month Running, Stocks Mark Record Highs

US Housing Starts Fall for 2nd Month Running, Stocks Mark Record Highs $DIA, $SPY, $QQQ, $VXX The S&P 500 is at new highs for the 7th session running as The Trump Rally extends US home-building fell for a 2nd straight month in August, as a rebound in the construction of single-family houses was offset by […]

Dubai’s New Tallest Tower is Taking Shape

Dubai’s New Tallest Tower is Taking Shape

Dubai’s New Tallest Tower is Taking Shape The $1-B mixed-use building will form the centerpiece of the 6 sqkm Dubai Creek Harbour The Tower at Dubai Creek Harbour, slated to become the new tallest tower in Dubai is now taking shape in the Emirate. Launched in April last year, the $1-B mixed-use building will form […]

Boral Negative Momentum Indications

Boral Negative Momentum Indications

Shares of Boral Ltd (BLD.AX) are on watch as the Tenkan Line has moved below the  Kijun line, indicating negative momentum for the equity.  Boral Ltd moved -0.03 in the most recent session and touched 6.89 on a recent tick. Traders are paying renewed attention to shares of Boral Ltd (BLD.AX). The current 14-day RSI is presently sitting at […]

September Housing Performance Weaker Than Expected

September Housing Performance Weaker Than Expected

September Housing Performance Weaker Than Expected Homebuilders pulled back on construction for a 2nd month running in September, with a dive in apartments offsetting gains in single-family homes. Building activity was weak in all parts of the nation except the Midwest. Construction dove 9% in September to a seasonally adjusted annual rate of 1.05-M units, […]

China National Building Material Co Ltd(HKG:3323) Trading Outlook

China National Building Material Co Ltd(HKG:3323) Trading Outlook

China National Building Material Co Ltd(HKG:3323) Trading Outlook HEFFX Notes China National Building Material Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 3.66. The projected upper bound […]

Kuwait Plans Smart, Environmentally Friendly City

Kuwait Plans Smart, Environmentally Friendly City

Kuwait Plans Smart, Environmentally Friendly City South Saad Al-Abdullah City has been designed to accommodate 400,000 people  Kuwait has unveiled plans for what is claimed to be the 1st smart, environmentally friendly city in the Middle East. South Saad Al-Abdullah City has been designed to accommodate 400,000 people over an area of 59 sqk with […]

Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They With house prices up by double digits in Canada’s Toronto and Vancouver areas, offshore buyers, mainly from China, have fueled public concerns over whether they are inching the Canadians’ home-ownership dream further out of reach. These concerns have been dismissed by local economists, who say […]

Fire is Opportunistic, It Finds a Path, it Burns

Fire is Opportunistic, It Finds a Path, it Burns

Fire is Opportunistic, It Finds a Path, it Burns Fires are now bigger, faster and hotter than before, torching more of our world. Wildfires, like the one that raged through Ft McMurray this month or through Slave Lake, Alberta 5 years ago, levelling 33% of that community. New building technology and new ways to think […]