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
Both revenue and income numbers look great. especially in light of the weak housing market in Texas. Looking for a bump tomorrow. Still long and lovin CAA. JMHO GLTA
Smoidalon, we must have the magic touch...we buy and the price drops more. LOL Still lovin CAA and the housing sector. GLTA
Took the leap and jumped back in today at 33.05. Summer home season will get into high gear soon and interest rates continue to be attractive. Gotta love CAA. JMHO GJTA