When will the housing market recovered? The answer, my friend, is when the FED starts to raise the rates. When the FED starts raising the rates, the cookie will crumble.
Right now the market seems like it wants to continue to go higher. Is it a trap for longs or shorts?
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Someone finally took notice on AA .. broke out today - finally.
ReplyDeleteYes, stocks hadn't broke out, broke out. Stocks that broke out already are settling in.
ReplyDeleteNew record on green consecutive closes on the SPX. I'm waiting for a break down before initiating any shorts.
ReplyDelete