Housing is coming into it's slow season, every number around housing is declining or down tremendously YOY. The FED and the presstitute media have been proping up housing as it represents the line in the sand for the economy sentiment. Housing gonna implode... and it may take the market with it, as the S&P ran up to an all time high in only 19 days... a new...
Housing SUCKS. This is the SLOW season coming up, to make it worse. New housing apps down to lowest level in forever, everything about housing SUCKS. GREAT SHORT HERE. Update 11/21: I was a little early on this short! I was happy to buy a few cheap $33.5 weekly puts for next week. I typically don't like to buy options at the end of the week to carry into the...
Home prices are falling, less and less applications for homes, and rising interest rates... nothing is going well for the housing hangover...
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?