Real estate investment trusts have been having a tough year. Year to date, the IYR real estate etf has returned a -3.46%. It had a pretty good year though from 1/1 through 5/22, when it returned close to 14% up to that point, but then IYR took a hard 180 and dropped 16% from 5/22 through the 12/11 . . .
Trades Are Ordered by Date Updated
The average age of cars on the road today is over 11 years according to research firm R.L. Polk. This is an all-time high and industry expectations are that the average age will continue to creep up to 15 years before the trend ends. Certainly the impact of the recession and a very slow recovery has . . .
Those of us in the Northern Hemisphere may forget that it is now summer in Australia. On a trip there last week Slingshot-Trader analyst, Wade Hansen, watched the famous “gold pour” at the Perth Mint and enjoyed some well-deserved time in the sun. However, Australia has been on our mind for more than . . .
My entry is a bullish entry.
Haliburton shares are looking attractive from a risk/reward standpoint now, as they have shed roughly 9% since November 11th, and are coming up on a support zone around the $50 – $50.50 level that we can expect to be an area where shares should find buying support.
It’s at this level that the stock previously . . .
It seems like every other day you turn on the news, we are hearing about something bad going on at Tesla. First it was the news of a few car fires, then it was the news of some injuries at their Fremont, CA factory, then an abrupt departure by the head of their sales division, then news of an official . . .