This is either an inquiry or it's false. It it's an inquiry then were going down a lot farther than this.
small selloff in homebuilders today is typical of investors wrong impression of housing. My experience has always been strong economy comes first and rates rising will only slow the acceleration of Toll's stock. I'm calling it an early weekend - later
stock is ready to break out if this continues.
That is my only fear right now for the market with the exception of Putin or North Korea doing something stupid. Once we hit my market forecast of 17,000 and 1900 on spy I might advise to move some in cash - you can follow me on twitter also daily under jeff wills08
All signs point to a strong 2nd 1/4
I think it's clear that the shippers have no pricing power problem right now and this index is surging. Still watching the steels and iron ore to start moving.
Jobs report shows hiring picking and earnings up .04 is very good.. Interest rates hopefully won't go up too much on this report. Nice report
Taking move from low 40's to the high of $73 - Fibonacci
Breakout is here he stated
We have a full breakout in BDI which could finally signal the industrial revival we've been waiting for. Of course this will give our mascots a big cry today.
stock nearing the close and barely positive where HOV took down other builders. Again, Toll is in a different market than these builders like Hov and that is what our mascots will never figure out.
very bullish for BDI and shipping stocks.
Hov missed revenue and income est on a wide margin - Ceo points to weather and labor shortages - I think it's clear Toll is best of breed and some of these other builders who tailor more to the little guy are going to see more shocks either due to weather, labor shortage, or price of land.
Homebuilders might be weak until employment report now due to Hov and % rates ticking up last couple days, but Toll is set to close above $40 very soon.
BDI after the typical January lull has jumped over 30% in a month and the sport 4 has almost doubled.
BDI after the seasonal bottom in January has now increased 30% to 1391 in a one month time frame with Spot 4 almost doubling. Ceo for dryships stated in his 1/4 report the demand was picking up where as DSX CEO was more cautious. On top of Cat's Ceo stating yesterday that March 2014 was the best March in 4 years, we might finally be getting this pick-up in industrial production. I've been fooled a couple times on the BDI, but lets see what happens the next few months. Still waiting to double down on my steel and iron ore stocks as well as the dryshippers. NM and DSX have been doing well despite the slowdown.
Another non-event, but I doubt we can make a major move upward until Friday's report.