ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Housing Market Intro and Summary The housing market is currently defined by a split between new vs old, new home sales and existing home sales. Data on builder stocks, housing starts, and new home sales tell a diverging story from existing home sales data across the country. Homebuilder equities remain sensitive to policy headlines but … Read more
Housing Market Intro and Summary What happened in the housing market for September, 2025? A rate cut fail unfolded as a resumption of rate cuts by the Federal Reserve failed to revive the stocks of homebuilders. This market reaction suggests that housing market data will remain soft for some time to come. Here is a … Read more
Housing Market Intro and Summary What happened in the housing market for August, 2025? The housing data remained stuck in slowdown territory, but the stock market followed through as expected on a bearish to bullish turn in the prices of the stocks of home builders. Financial markets are largely anticipating lower mortgage rates as a … Read more
Housing Market Intro and Summary What happened in the housing market for July, 2025? The housing data looked as bad as ever, but the stock market has finally responded favorably to the stocks of home builders. This forward-looking display of “green shoots” forms the basis of a “bearish to bullish reversal.” The catalyst for this … Read more
Housing Market Intro and Summary What happened in the housing market for June, 2025? The spring housing market slipped further, reinforcing a trend of deepening weakness. Inventories continued to surge while both prices and mortgage rates remained elevated. Builders are pulling back, permits are declining, and buyer demand is soft. The housing market’s deteriorating momentum … Read more