If you hurry, you may just be able to eek eke [thank you Mr. ‘Eagle Eye’ Turner!] out a mortgage for the fine abode shown above! Mortgage rates fall to lowest level since 2016 — this could be the ‘last affordable’ spring home-buying season for a while, Realtor group warns If this broad cacophony were not so funny I’d actually have contempt for it. You’ve … Continue reading “Realtor Group” Warns?? Are you Kidding Me?
[edit] As if on cue, out comes Anthony B. Sanders with… US Housing Starts Plunge Under Rising Interest Rates I agree with you, this does not look healthy. And this has been trending down on an intermediate basis. While these continue to rise. The measured target on the 30yr yield being above 3.5%. As the month of October moves past its half way point Q4 … Continue reading Homies & Real Estate: Does This Look Healthy?
This was the vehicle I shorted on a second go-round against Real Estate (IYR was used the first time) as Amigo #2, the long-term yields Amigo, was rising toward its limits. Everyone then got on Amigo #2’s back and got all beared up on the bond market (cue: Gross & Dalio) and the time is ripe for that play to cool down. Hence, I am … Continue reading Down the DRN
I look at yesterday and today and am tempted to think “why am I not more short?” (I am short Semiconductors and Real Estate for different reasons). But the NFTRH+ aspect of the service is noted as being about “setups” and so no setup, no highlight. Broad stocks are not yet in short setups. But we did have a bearish look-ahead on the Real Estate … Continue reading Real Estate Short Setup (public post)
I am not comfortable buying momentum and so it follows that I am not comfortable shorting it either. It is safer to watch for breakdowns and then bounce backs to resistance. So this look at the Real Estate iShares is a look-ahead to a potential setup, for anyone interested. We have been tracking IYR’s bearish state in NFTRH, as it buckles under the pressure of … Continue reading NFTRH+; A Look-Ahead to a Short Setup
On Dec. 30 we looked ahead on the Real Estate ETF, IYR. Per the update… “The key here would be a break above 77 and the SMA 200 which, if successful, would measure out a target of 83 or a test of the highs. IYR has risen above the 50 day averages, which is a start.” Here is the original daily chart, updated. The pattern’s … Continue reading NFTRH+; Real Estate Signal (Update to Original Post)
A trade idea that has its share of caveats, which are in bold… Another one that fits with the current view of rising Treasury bonds (declining long-term yields). Real Estate (IYR) has under performed the market during the rising rate environment but has formed an interesting pattern on a daily chart. A short-term bullish view obviously assumes at least a stable broad market environment in … Continue reading NFTRH+; A Real Estate Look Ahead
