And out this morning on my 35.80 position at 37.00. Spending money for the weekend. Have a terrific 4th of July weekend everyone. Isn't this a great country. GLTA
Housing permits for single family homes in Minneapolis/St Paul were up 24% in June. CAA via Ryland has several developments in the Twin Cities and all appear to be doing well. JMHO GLTA
In again this morning at 34.75, with an exit point of 35.75. Still not sure why the housing market is reacting so much to the "leave" vote in Britain. Long and lovin CAA. Willing to continue to buy on the way down as the housing numbers are still strong, and if anything, there's a shortage of housing stock in many markets. JMHO GLTA
Not sure how the "leave" vote in Britain effects US housing, but I look at it as a great buy opportunity. Back in again at 35.80. Long and lovin CAA. JMHO GLTA
Not sure why the dip today with Lennar beating expectations, by I'll take the entry point at 36.30. Housing numbers still look positive and with low interest rates, we should have a great summer except for oil markets in Texas. JMHO GLTA
Short shares increased 1 million vs the prior month. With CAA continuing to climb, I wonder when those shorts will have to start covering? And interest rates continue to hold, also helping the housing market. JMHO GLTA.
Still, a nice little bump on a down trading day.
Strong housing numbers heading into the peak selling season, shortage of home listings in many markets and still historically low interest rates should equal a jump in CAA over the next few months. Hang on Shorts, it's going to be a wild ride. JMHO GLTA and Smoidalon, have a great Memorial Day weekend.
I missed too, Smoidalon. Same thoughts, expected another small bump down today. Go figure. Anyway, looking to reload next week on any dip below 34.00. JMHO GLTA and have a great weekend!
Good move, Smoidalon. Still have 2 positions that I'm holding for the longer term, plus one short term. Need a little good news from the retail sector...that seems to be where lots of the bad news is coming from. JMHO Have a great week!
Market down and CAA up today, equals a positive. I think there's some weakness still in retail, ie apparel, mass retail and department stores. A little housing stimulus package from Washington could solve that problem. New housing construction always has a positive effect on the entire economy. Are you listening Washington.
And nice movement today in spite of the down market. Still long and lovin CAA. Have a great weekend, Smoidalon. GLTA