Housing Activities Softened In August 2018

August Housing Starts Better Than Estimated The Housing Starts for August, at a seasonally adjusted annual rate, came at 1, 282,000 units, which is +9.2% above July’s revised rate of 1,174,00 units and better than what the market was expecting, which was 1.24 Million units. The single family units starts increased by +1.9% in August…

Morning Notes – Wednesday September 19, 2018

Directional Bias For The Day: S&P Futures are little changed; at a downtrend line from Tuesday’s high Odds are for an up day; watch for break below 2905.75 for change of fortune Key economic data due: Building Permits (1.23M vs. 1.31M est.) at 8:30 AM Housing Starts (1.28M vs. 1,24M est.) at 8:30 AM Markets Around The World Markets in…