The U.S. Commerce Department is likely to report that housing starts rose to a rate of 1.235 million units in August from a 1.168 million-unit pace in July, according to a Reuters survey of economists. Building permits are forecast increasing to a 1.31 million-unit pace from 1.303 million units in July. The Commerce Department will also publish its second-quarter

As the U.S. stock market looks to mark a historically long run, investors see reason to think the bull market will extend at least a decade on the strength of a strong economy, even as they look for signs of any looming downturn.   LINK TO SITE https://graphics.reuters.com/USA-STOCKS-BULLMARKET/0100403E075/index.html  

Elon Musk considers taking Tesla private in tweet, shares rise. Tesla shares jumped after Chief Executive Elon Musk said on Twitter he is considering taking the electric car maker private at $420 per share as it goes through a period of rapid growth and financial constraints. Reuters https://uk.reuters.com/article/uk-tesla-musk-stock-options/tesla-call-options-jump-on-musk-tweet-short-sellers-hurt-idUKKBN1KS23E   Bloomberg https://www.bloomberg.com/news/articles/2018-08-07/tesla-jumps-on-report-of-saudis-building-about-2-billion-stake   Trading Robots

Apple nears $1 trillion as bright forecast highlights future demand Shares of Apple touched the $200 mark for the first time and neared a $1 trillion valuation, after the company forecast blowout current-quarter sales and analysts said a September launch of new iPhones set the stage for sustained growth.

The ES Futures are about to confirm two lower highs in a row. R Option Model is flat and searching for new opportunities ahead. The price action during the last few months is likely to confirm that US market are consolidating. The flow data is not positive MTD SERIOUS FLOWS: USA -55Bn USA MTD #EQUITY