ShotSpotter: Amid Rethinks on Policing, Still Delivering Results and Value

Introduction I have supported and invested in precision policing and gunfire detection company ShotSpotter (SSTI) for four years. I have even attended an annual shareholder meeting, spoken with the CEO and other company executives, and received a tour of the Newark, CA headquarters. SSTI experienced its best trading days in a 1-year burst that took … Read more

Stock Market Breaks Out to Overbought Territory Yet Again – Above the 40 (May 18, 2020)

Stock Market Statistics AT40 = 75.0% of stocks are trading above their respective 40-day moving averages (DMAs) (first oversold day)AT200 = 18.4% of stocks are trading above their respective 200DMAsVIX = 29.3Short-term Trading Call: neutral Stock Market Commentary Buyers followed through on the building momentum from the previous two trading days which drew a line … Read more

Why Home Builders Are Off to A Relatively Strong Start In 2015

(This is an excerpt from an article I originally published on Seeking Alpha on January 9, 2015. Click here to read the entire piece.) It is still very early in the new year, but I cannot help notice the relative strength exhibited by iShares Trust – iShares U.S. Home Construction ETF (ITB) and several major … Read more

The Squeeze On Renters And Implications for the Housing Market

(This is an excerpt from an article I originally published on Seeking Alpha on September 7, 2014. Click here to read the entire piece.) I tracked down an article posted in Boston.com called “Renters Suffer as Evictions Surge in U.S.” after hearing the topic referenced in a recent Slate Money podcast. One of the guests … Read more

The 2014 Homebuilder Breakout Begins Early With A Very Bullish D.R. Horton

(This is an excerpt from an article I originally published on Seeking Alpha on January 29, 2014. Click here to read the entire piece.) In several posts, I have noted that the consolidation in 2013 for homebuilder stocks could become a springboard for a fresh rally in 2014. It seems the homebuilder breakout may have … Read more

What the Homebuilders Said to Close Out 2013: All Eyes On the 2014 Spring Selling Season

(This is an excerpt from an article I originally published on Seeking Alpha on January 6, 2014. Click here to read the entire piece.) {snip} The above quote pretty much sums up the attitude of homebuilders (ITB) going into 2014. It sounds like a classic sales pitch from a real estate agent, but the evidence … Read more

Prepared to Buy Homebuilders Even As Housing Pause Reawakens Some Short Interest

(This is an excerpt from an article I originally published on Seeking Alpha on September 29, 2013. Click here to read the entire piece.) {snip} Source: St. Louis Federal Reserve Homebuilder stocks joined most rate-sensitive plays by falling sharply from their lofty levels once the direction and momentum of rates became clear. {snip} I consider … Read more

Homebuilder Price Performance Diverges in 2013 As Shorts Continue An Uneven Retreat

(This is an excerpt from an article I originally published on Seeking Alpha on May 5, 2013. Click here to read the entire piece.) In late November, 2012, I made a list of my homebuilder picks for 2013. I combined valuation, price changes, and short interest to build the list. Almost 6 months later, it … Read more

Homebuilding At the Crossroads Of Changing Demographics

(This is an excerpt from an article I originally published on Seeking Alpha on January 21, 2013. Click here to read the entire piece.) On January 17th, NPR’s All Things Considered ran a story called “Homebuilding Is Booming, But Skilled Workers Are Scarce.” It was yet another story adding to the evidence that the tightness … Read more

Picking Homebuilder Stocks for 2013

(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. Click here to read the entire piece.) {snip} It is hard to be bearish on the U.S. economy when housing is working. Homebuilders are also the ultimate play on the U.S. economy given the minimal (direct) linkage to … Read more