Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!
There’s a lot of new real estate data to report on since my last update, all of it bad, not in terms of the quality of the data, some of which is lousy, but in terms of the direction that the numbers are headed. Mortgage applications show that current demand is still in the toilet. Real time inventory data as of right now shows inventory again on the rise. Extrapolating the NAR’s latest reported data on contracts for January based on current mortgage applications suggests that the inventory to sales ratio is going the wrong way and is likely to set a February record.
Stay up to date with the machinations of the Fed, Treasury, Primary Dealers and foreign central banks in the US market, along with regular updates of the US housing market, in the Fed Report in the Professional Edition, Money Liquidity, and Real Estate Package. Try it risk free for 30 days. Don’t miss another day. Get the research and analysis you need to understand these critical forces. Be prepared. Stay ahead of the herd. Click this link and get in RIGHT NOW!
Last week’s selloff did less damage than it may have felt like. The drop stopped in the area of 3 crossing uptrend lines, ranging in length from short term to long term. Here’s what would tell us whether the uptrend is still in force, or signal that something evil this way comes. I have added 8 new stocks to the swing trade chart pick list, including 2 shorts.
Cut through the Wall Street BS. Get the facts, with no punches pulled from Lee Adler in his forthright style. Plus insightful posts from straight shooters like Constantine Gurdgiev, Chris Whalen, Anthony Sanders, Charles Hugh Smith, Doug Noland, Sven Henrich and more.
Get the facts! Join now!
Check your inbox for the confirmation email which is sent instantly. If not there, check your SPAM folder and be sure to whitelist the "From: Lee Adler" email address. Your information will *never* be shared or sold to a 3rd party.
