Stocks in Asia and Europe were mostly red, with markets most focused on the U.S. political gridlock. S&P 500 futures were down to a 1687 low overnight, a new 8 day low. Asian Equities Decline, …
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Housing has been a special sector of focus for policymakers ever since the financial crisis. The Federal Reserve explicitly cited the threat to the housing recovery in last week’s statement. Housing-related stocks have shown relative …
Continue readingThe homebuilding stocks have been whacked in the past couple months. They can’t buy a bucket even with the broader market holding up quite well. We haven’t liked the homebuilders on a fundamental basis for …
Continue reading“Quiet, weak markets are good markets to sell. They ordinarily develop into declining markets. But when a market has gone through the stages of quiet and weak to active and declining, and then on to …
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