Make Money Trading The News

At SlingShot Trader we help subscribers make large, quick profits trading the news. Not every news story is worthy of a trade. In fact, very few are. But with our proprietary screening mechanism — the SlingShot Profit Screen — we cut through the noise to find the high-velocity trades that will put money in your pocket. LEARN MORE ›

Latest Webinar: July 22, 2015

Topics discussed: The continued consolidation in the major indices, the back-and-forth action we are seeing in various sectors within the overall market, a high-level view of our portfolio, expiration dates,... Watch It Now ›

John Jagerson
Editor, SlingShot Trader

Wade Hansen
Editor, SlingShot Trader

Weekly Update: Jul 29, 2015

Earlier this month, one of our Weekly Updates included an overview of the housing sector because it’s such a key indicator for gauging the relative health of consumers. If housing prices are rising, the consumer is probably doing relatively well, which is good for the U.S. economy. However, much of that depends on rising wages, prices, interest rates and confidence. At the time, we believed that housing stocks were in a somewhat balanced position pending new information.

Over the last two weeks, more economic data for the housing market have been released. Existing home sales, housing starts, building permits and builder confidence have all been slightly better than expected. The trend seems to be improving and, with the exception of today’s pending home sales report, the industry seems to be on the verge of a positive breakout again.

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NASD 5113.37 24.16 0.47%
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