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- Ann Arbor's Zoning Shakeup 🏘️
Ann Arbor's Zoning Shakeup 🏘️
Ryan Serkes
May 22, 2025
The
Daily Trade
Hey Daily Traders,
Ann Arbor's zoning debate is stirring the pot, as the city considers eliminating single-family zoning to boost housing density. This move, led by City Council Member Jen Eyer, aims to address housing shortages and past exclusionary policies, despite facing resistance from locals worried about neighborhood character and overdevelopment.
Meanwhile, the U.S. Army is preparing for a grand 250th anniversary parade in Washington, D.C., complete with military displays and aerial shows, expected to draw a massive crowd. In Silicon Valley, Amazon is expanding its footprint with a new deal in Santa Clara, highlighting the region's ongoing allure for tech giants despite a sluggish market.
Here's what's happening today:
- 🏡 Ann Arbor debates zoning for housing expansion
- 🎖️ Army plans grand 250th anniversary parade
- 🏢 Amazon expands in Santa Clara with WeWork
- 🎁 +8 more business & investing news stories you might like
- 📊 +4 technical analysis results
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Real Estate  Ann Arbor is currently embroiled in a heated debate over its land-use plan, which proposes to eliminate single-family zoning in favor of increased housing density. City Council Member Jen Eyer has been a vocal advocate for the initiative, stating that the current housing policies are inadequate for young people, older residents, and families. The plan aims to open up more housing options, align with climate goals, and address past exclusionary zoning policies that have marginalized minority communities. Despite the council's push, the plan has faced significant opposition from residents concerned about the loss of neighborhood character and the potential for overdevelopment. The proposed changes have sparked widespread public interest, with hundreds attending city meetings to express their views. As the city moves towards finalizing the plan, the debate highlights a broader national conversation on the need for zoning reform to address housing shortages and promote inclusivity. Key Takeaway
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Stock Market  The U.S. Army is gearing up for its 250th anniversary parade set to take place on June 14, coinciding with former President Donald Trump's birthday. The event will feature a grand military parade with tanks, combat vehicles, and thousands of soldiers marching through the streets of Washington, D.C. The celebration will also include concerts, fireworks, and aerial displays, with more than 50 helicopters and aircraft participating. The parade is expected to draw a massive crowd, with estimates of up to 200,000 attendees. The Army has coordinated closely with the Federal Aviation Administration to ensure safety during the aerial displays. The event underscores the Army's historical significance and aims to boost morale while showcasing military strength. The cost of the celebration is projected to be between $25 million and $45 million, reflecting its extensive scale and scope. Key Takeaway
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Real Estate  Amazon has secured a significant office space in Santa Clara through a deal with WeWork, signaling continued expansion in Silicon Valley. The tech giant will occupy 141,000 square feet at a prime office campus developed by The Sobrato Organization. This move is part of Amazon's broader strategy to increase its presence in the region, following a similar agreement for office space in Mountain View. The deal with WeWork provides Amazon with flexible leasing options, allowing the company to efficiently scale its operations. The Santa Clara campus, totaling 450,000 square feet, offers a strategic location for Amazon's growth plans. This expansion indicates a potential thaw in the South Bay's office market, which has been sluggish in recent years. Amazon's continued investment in the area highlights the region's enduring appeal to major tech companies. Key Takeaway
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More Business & Investing news
- 🏠 LGI Homes grows in Winston-Salem with new communities (Link)
- 🧬 Longevity Health stays on Nasdaq for merger (Link)
- 📈 Micron Technology to announce Q3 results soon (Link)
- 🚨 Man detained for theft from Kristi Noem (Link)
- ⚖️ Las Vegas man sentenced for $7.4M Ponzi scheme (Link)
- 📊 More homes listed in Pennsylvania market (Link)
- 🔮 Home sales forecast improved by Fannie Mae (Link)
- 💰 Elon Musk to reduce political spending (Link)
Today's Technical Analysis
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Sell | STOCH Sell |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Sell | ULTOSC Sell | STOCH Sell |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Hold | ULTOSC Sell | STOCH Sell |
RSI Sell | MFI Sell | WillR Sell | AO Sell |
CCI Sell | BBANDS Hold | ULTOSC Sell | STOCH Sell |
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Technical Indicator Information
Relative Strength Index (RSI) | Period: 14 days | Overvalued threshold: 70 | Undervalued threshold: 30
Money Flow Index (MFI) | Period: 14 days | Overvalued threshold: 80 | Undervalued threshold: 20
Williams Percent Range (WillR) | Period: 14 days | Overvalued threshold: -20 | Undervalued threshold: -80
Aroon Oscillator (AO) | Period: 14 days | Overvalued threshold: 75 | Undervalued threshold: -75
Moving Average Convergence/Divergence (MACD) | Period: 26/12/9 days | Overvalued threshold: MACD crosses below MACD Signal | Undervalued threshold: MACD crosses above MACD Signal
Stochastic Oscillator (STOCH) | Period: 14/3/3 days | Overvalued threshold: %K crosses below %D above 80 | Undervalued threshold: %K crosses above %D below 20
Commodity Channel Index (CCI) | Period: 20 days | Overvalued threshold: 100 | Undervalued threshold: -100
Bollinger Bands (BBANDS) | Period: 20 days | Overvalued threshold: price >= upper band | Undervalued threshold: price <= lower band
Parabolic Stop and Reverse (SAR) | Period: variable 50 - 100 days | Overvalued threshold: SAR crosses above price | Undervalued threshold: SAR crosses below price
Triple Exponential Average (TRIX) | Period: 15 days | Overvalued threshold: TRIX crosses below 0 | Undervalued threshold: TRIX crosses above 0
Ultimate Oscillator (ULTOSC) | Period: 28/14/7 days | Overvalued threshold: 70 | Undervalued threshold: 30
Directional Movement Index (DMI) | Period: 14 days | Overvalued threshold: PlusDI crosses below MinusDI | Undervalued threshold: PlusDI crosses above MinusDI
Average Directional Index (ADX) | Period: variable 14 days | Requirement: >= 25
Analysis is only performed on securities with market caps in excess of $100 million and with daily trade volume in excess of $50 million.
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