ONE-TWENTY TWO: Trading Financial Markets
Since the year 2000, delivering a different narrative for students and fans of financial markets: stocks, options, currencies, Bitcoin, and more…
Housing Market Intro and Summary In recent months, the housing market experienced several impacts from declining mortgage rates. An accelerating improvement in consumer and builder sentiment point the path toward a strong spring selling season despite on-going issues of affordability and inventory availability (in the existing home market). While housing starts pulled back from November’s … Read more
Housing Market Intro and Summary Of all the November housing data, housing starts provided the clearest support for the sharp rebound in the stocks of home builders the last two months. In parallel, builder sentiment has likely bottomed in anticipation of the positive impact of falling mortgage rates. On the other hand, existing home sales … Read more
Housing Market Intro and Summary The window for new home sales stealing share from existing home sales may be grinding to an end. Another plunge in sentiment for home builders combined with mortgage rates trending fast and furiously upward toward 8% are exerting more and more friction on the entire housing market. The stocks of … Read more
Housing Market Intro and Summary May’s housing market was remarkably strong and represented the peak velocity of the spring selling season. June followed up with more relative strength but a slight sequential cooling as mortgage rates continued a march back to the top of the recent range. Housing starts, new home sales, and existing home … Read more
Housing Market Intro and Summary The spring selling season housing market looked “defiant” going into the end of a cycle. In June, the housing market looks like it refuses to let the cycle end as it sails past the expected sunset. New home sales and housing starts surged as the market for existing homes barely … Read more