by irdadmin | Dec 11, 2018 | Financial Markets, Housing Market, Precious Metals, U.S. Economy
I chuckle when the hedge fund algos grab onto “positive” trade war headlines and trigger a sharp spike in stock futures. Settlement of the trade war between the Trump Government and China will do nothing to prevent a global economic recession – a...
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...
by irdadmin | Nov 28, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Housing and auto sales appear to have hit a wall over the last 8-12 weeks. To be sure, online holiday sales jumped significantly year over year, but brick-n-mortar sales were flat. The problem there: e-commerce is only about 10% of total retail sales. We...
