Fewer U.S. new homes than forecast were sold in August, signaling the housing market

E

EMRGLOBAL

Fewer U.S. new homes than forecast were sold in August, signaling the housing market remains depressed even as mortgage rates dropped.
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Market is up huge.. This is a gift people. Do what you a have with this gift if your long term.
 
Quote from EMRGLOBAL:

Fewer U.S. new homes than forecast were sold in August, signaling the housing market remains depressed even as mortgage rates dropped.
_______________________________________________________

Market is up huge.. This is a gift people. Do what you a have with this gift if your long term.
More...
Hardly news, what's your point?
The housing market will remain dead for at least 10 years.
 
Point is: this up move is a gift.

I just posted one of three economic numbers out today, that were all weak.

wait til earnigns season.

Nothing has changed, only certain areas have stablized and hence....the Upward move once again, is a GIFT.
 
Quote from EMRGLOBAL:

Fewer U.S. new homes than forecast were sold in August, signaling the housing market remains depressed even as mortgage rates dropped.
_______________________________________________________

Market is up huge.. This is a gift people. Do what you a have with this gift if your long term.
More...

This is exactly how things were feeling in late March/early April of this year. Every sliver of bad news was taken with a massive salt-crystal and the market ground higher...until it didn't. It was a troika rally in variance, the dollar, and the bonds that ushered in the "downward stabbing motion" of May. Keep an eye out for that.
 
Quote from EMRGLOBAL:

Fewer U.S. new homes than forecast were sold in August, signaling the housing market remains depressed even as mortgage rates dropped.
_______________________________________________________

Market is up huge.. This is a gift people. Do what you a have with this gift if your long term.
More...



Thanks Easy Al.
 
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