From The Telegraph…

An on-site house 3D printed in Russia offers a glimpse into what the future of construction might look like.

Apis Cotr, 3D printing specialists based in Russia and San Francisco, say the walls of the building were printed and painted in just 24 hours.

3D printing a home usually involves creating the parts off-site and constructing the building later, however, Apis Cotr uses a mobile printer to print their apartments on-site.

“Printing of self-bearing walls, partitions and building envelope were done in less than a day: pure machine time of printing amounted to 24 hours,” the company said.

Once the house has been completed, the printer is removed with a crane-manipulator and presumably the roof is then added, followed by the interior fixtures and fittings.  Read complete story

While we are long-term bullish on the equity markets, we are cautious here based on some technical indicators that we pay attention to.  As we can see on the following chart, the S&P 500 is overbought here based on the Bollinger  Bands and the Relative Strength Index (RSI) indicators.