Recent content by bavorak

Alot of builders deal with HD for raw materials, the smaller outfits have a hard time competing with such volume pricing on Lumber, steel and drywall.

I guess it all depends what market you are referring to, most of the new home inventory sat in condos and starter homes. Due to the attractive rates alot of those homes have been taken off the market. From my personal experience foot traffic is up 30% through the model home and deals signed...

New starts will be up from June levels.

By Mark Clothier Aug. 18 (Bloomberg) -- Home Depot Inc., the largest home- improvement retailer, reported second-quarter profit that fell less than analysts estimated and increased its full-year earnings forecast. This is also a supporting fact that the residential sector is moving forward

Besides some indicating headlines as to where sales will be, I am actively involved in this particular industry and belive it to be the case from my own personal experience.

US house starts will be up!

By Frances Robinson Aug. 18 (Bloomberg) -- German investor confidence probably rose to the highest level in more than three years in August after Europe’s largest economy unexpectedly emerged from recession in the second quarter, a survey of economists shows. The ZEW Center for European...

I posted that and you misunderstand. Big money are out of US equities totally. Some are net short since high 900s. The buying is purely market "making" activities to mess with traders who cannot hold overnight or longer term positions. It is easier to understand if you think of the...

With the sharp two day sell off based solely on implied fear, I think we will see a rebound tomorrow to the upside. As someone already stated this afternoon, there were large blocks in the 250K range snaped up on the dips and no further fall out. The big money was accumulating inventory.