Now that everyone is blaming Russia – instead of the weather – for everything that is happening (Adidas blamed Russia for its poor results instead of the fact that its shoes suck) – I’m wondering when Obama is going to come out and tell us Russians killed Jesus.
Of course, ignore the Chicago PMI report today – which just posted the 2nd biggest drop on record and the biggest ever miss vs. Wall Street Einsteinian forecasts: LINK.
Conveniently skip that fact and continue to believe in a 4% GDP report and Santa Clause.
When the stock market finally cracks, it will exert particularly brutal downside force on the housing stocks. I uncovered a particularly shocking aspect to one homebuilder’s financial disclosure that no one else has mentioned.
I believe this stock can be shorted for an easy 60-70% gain from here, with patience. You can see the details here: Short Homebuilders – Research Report.
The re-collapse of homebuilder stocks is just starting. There are huge gains to be made from shorting the right ones for the right reasons.