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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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Real Estate

I know it’s cyclical and it’s location location location but I also know that some didn’t too bad in the next downturn and some did really bad …I see some major targets being hit and or a little higher in real estate. Perhaps I’m an idiot, but me and the wife close on the sale […]

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Home Builders relook …

as you can see from below the Homebuilder Index (XHB) has broken out most recently from the congestion area highlighted in the link below and now has a target of 38. Not bullish or bearish – just a pattern guy.  so, as you can see below, we are finishing a PATTERN but what about the […]

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And I’ll Huff and I’ll Puff and I’ll Blow Your House Down

Homebuilder’s Index has “recovered” nicely, as has everything, from the 2007-2009 timeframe. That being said, we have a very symmetrical and orderly pattern that has recently completed on the weekly timeframe. Additionally, take a look at the daily timeframe – the classic head and shoulders pattern pops right out at you. Stay tuned, but perhaps […]

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