by irdadmin | Dec 17, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
A couple of my subscribers emailed me expressing frustration over the fact that their recent homebuilder puts are either not moving higher or losing value despite the sell-off in the overall stock market. There’s two factors. First, the homebuilder sector has...
by irdadmin | Dec 13, 2018 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
The following is an excerpt from my December 6th issue of the Mining Stock Journal: Trumps Dilemma – The dollar index has been rising since Trump began his war on trade. But right now it’s at the same 97 index level as when Trump was elected. Recall that...
by irdadmin | Dec 8, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I recommended shorting MTN to my Short Seller’s Journal subscribers in my December 2nd issue. While I expect MTN to lose at least $200 over time, I did not expect nearly 25% of that price-decline expectation to occur in 5 trading days after I presented the...
by irdadmin | Dec 6, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
If the “risk on/risk off” stock market meme was absurd, its derivative – the “trade war on/trade war off” meme – is idiotic. Over the last several weeks, the stock market has gyrated around media sound bytes, typically dropped by...
by irdadmin | Dec 3, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The market is already fading quickly from the turbo-boost it was given by the announcement that China and Trump reached a “truce” on Trump’s Trade War – whatever “truce” means. Last week the stock market opened red or deeply red...
by irdadmin | Nov 30, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Note: New homes sales, based on the seasonally adjusted annualized rate metric, are down over 23% from their peak in November 2017. Pending home sales, which translate into existing home sales less canceled contracts (typically failed financing), are down on a...
