American Homes 4 Rent: Monthly 3 Black Crows Channel BreakdownAMH has confirmed 3 Black Crows on the Monthly Timeframe and has cracked below an ascending channel and the 21SMA. I expect that we will get severe follow-through as both the Rental Sector and the Real Estate Industry in general continue their decline into the higher interest rate environment.
Rental
Fortress Transportation (FTAI) short.All description on the chart.
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RCII breakout in progressThe whole market looks bullish today due to optimism that China and the US are about to strike an interim trade deal, so this breakout in Rent-a-Center may not actually mean anything. But if it closes a couple green bars above the parallel channel, it could be worth a buy. RCII has great fundamentals and is a good long-term hold.
IPO - Invitation Homes $INVH - CEO John Bartling95% occupancy
$1600 avg rent
62% margins
13 markets
3700 homes in each market
97% of markets has over 2000 homes
All rehab teams are in the market.
Buy, renovate, rent.
COMPETITION:
American Homes for Rent
Colony
Starwood
INVH is Part of the American Rental Housing Council
Provide a consistent experience for renters
Create best practices
John Bartling, CEO
Saw him on Bloomberg on IPO day Feb 1, 2017