On this week’s episode we discuss the upcoming blockbuster IPO from Alibaba and preview Apple’s product launch scheduled for Tuesday, September 9th. We also cover earnings from homebuilder Toll Brothers, drones and solar firm AreoVironment, and digital video processor producer Ambarella.

September E-mini S&Ps (ESU14 +0.30%) this morning are up +0.41% at a fresh record high and European stocks are up +1,24% at a 1-3/4 month high after Russia and Ukraine discussed steps toward a cease fire.

My own "back-of the-napkin" analysis to help investors and traders connect the dots and see the bigger picture of a residential real estate capital market theme which is far from over and offers a credible risk-to-reward opportunity.