Archive | November, 2014

Black Friday Special: How Do The Retailers Look?

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In honor of Black Friday, we thought we would look at how the North American retailers look from a technical perspective using our relative point and figure charts. Once again, our box size is  2.5% relative performance and all charts have four years worth of history.

Spike In New Home Prices

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US new home sales underwhelmed again in October. The latest data point came in at 458K SAAR versus consensus of 470K. What really caught are eye was the volatile increase in average and median prices. The average sales price spiked by nearly 28% month-over-month, easily to an all-time high for this series.