by irdadmin | Oct 25, 2022 | Financial Markets, Housing Market, U.S. Economy
When the CEO of a homebuilder admits publicly that “demand clearly slowed” during Q3 and was “even more challenging in October,” you know the market is in trouble. Unfortunately for the CEO of $PHM, the housing market is in worse shape that...
by irdadmin | Sep 15, 2022 | Financial Markets, Housing Market, U.S. Economy
The following commentary is an excerpt from the latest issue of my Short Seller’s Journal. In addition to my analysis, I provide my subscribers with specific short ideas, including the use of options. In the housing sector, my recent home run short ideas include...
by irdadmin | Aug 30, 2022 | Financial Markets, Housing Market, Market Manipulation
The following is an excerpt from the latest issue of the Short Seller’s Journal. I have been hitting doubles, triples and home runs with my housing market-related stock shorts, like $OPEN, $HOUS, $Z, $PSA, $REZ plus homebuilder stocks. You can learn more about...
by irdadmin | Jun 19, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“The latest University of Michigan consumer confidence report noted that its index tracking those who think it’s a good time to buy a home has fallen by a hefty eight points in the past two months even as mortgage rates have dropped.” – Danielle...
by irdadmin | May 27, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The housing market continues show contracting sales volume. April existing home sales fell 0.4% (SAAR – Seasonally Adjusted Annualized Rate) from March and 4.4% from last April. Existing home sales have dropped year-over-year 14 months in a row. This is the...