CosmicDust

ITB - housing market rolling over?

AMEX:ITB   ISHARES U.S. HOME CONSTRUCTION ETF
21 3 0
If using ITB             as a proxy for housing market, it appears to be rolling over. If that is the case, how long and how high can Home Depot             stand?
2use
2 years ago
I would be glad if you showed me a market that does not roll over at the moment. Hard to find one
Reply
CosmicDust 2use
2 years ago
Right. Some of my friends are still buying new house though, and Home Depot is still pretty strong - maybe it is a lagging indicator.
Reply
2use CosmicDust
2 years ago
Some need it, but i advise to await a turn, it will come eventually - this cant be kept in the same pace. Plus while all previous corrections of US market opened some possibilities on other markets, i barely can find a place that does not roll over...and that makes me understand that money is not reshuffled, it is taken out of the markets. Not the best sign
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out