Kevin discusses and covers the following stories: National Association of Realtors reported April Pending Home Sales; National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) was released; Home Depot reported 1st Quarter earnings and reaffirmed its full- year guidance; the Federal Reserve released manufacturing output at factories, mines and utilities; the National Association of Realtors recently released Existing Home Sales: oil prices react to President Trump pausing a planned resumption of attacks on Iran at the request of Qatar, Saudi Arabia and the United Arab Emirates and the extension of sanction waiver on Russian seaborne oil; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and a few opinions along the way.

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