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Housing … just keep your head in the sand OR are the clouds forming? 4th update

06/20/2017 – update. _______________________________________________________________________________________ 04/15/2017 – XHB has continued higher. It hasn’t made new highs but it sure isn’t showing the weakness that the rest of the overall market is showing right now …I’ve also updated ITB. Note, I didn’t have all the data (not sure why) the last time I posted on this one […]

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Housing … just keep your head in the sand OR are the clouds forming? 3rd update

04/15/2017 – XHB has continued higher. It hasn’t made new highs but it sure isn’t showing the weakness that the rest of the overall market is showing right now …I’ve also updated ITB. Note, I didn’t have all the data (not sure why) the last time I posted on this one … the high is […]

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Housing … just keep your head in the sand OR are the clouds forming? UPDATE to the UPDATE

1/30/2017 – TON of standing inventory in the 900,000 range for .00004 acres and <2000 sq ft w/ rates rising.  (I know that’s fundamental ‘stuff’ but it helps cast a picture) a ‘basic’ H+S on the Home-builders sure seems to be building … only ‘TIME’ will tell.  note the ‘time’ symmetry between the L and […]

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Housing … just keep your head in the sand OR are the clouds forming? UPDATE

11/14/2016 – since the Election, the XHB ETF has taken off like a rocket ship.  You can see below that it hit the .618 retracement from the Spring low of 16′.  Upper targets are being shown in around 34-35. were still working w/ the thesis that the 39 level was the completion of a major […]

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Housing … just keep your head in the sand OR are the clouds forming?

I sold my house in VA and moved out to SoCal to rent .. did it for a number of reasons. The NUMBER 1 reason was to learn how to Stand Up Paddle-board Surf and enjoy the weather.  YES, I understand it’s financial suicide out here .. the taxes are crazy, the cost of living […]

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$ITB Home Construction Index – SELL PATTERN complete

    also, note how correlated the $ITB is with $XLF. did a blog post for @seeitmarket on the financials: http://www.seeitmarket.com/whats-next-for-the-financial-sector-etf-xlf-14447/ watch this pattern – closely. good weekend to you. B

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