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CosmicDust
13 окт 2014 г., 09:50

ITB - housing market rolling over? 

iShares U.S. Home Construction ETFArca

Описание

If using ITB as a proxy for housing market, it appears to be rolling over. If that is the case, how long and how high can Home Depot stand?
Комментарии
A-shot
I would be glad if you showed me a market that does not roll over at the moment. Hard to find one
CosmicDust
Right. Some of my friends are still buying new house though, and Home Depot is still pretty strong - maybe it is a lagging indicator.
A-shot
Some need it, but i advise to await a turn, it will come eventually - this cant be kept in the same pace. Plus while all previous corrections of US market opened some possibilities on other markets, i barely can find a place that does not roll over...and that makes me understand that money is not reshuffled, it is taken out of the markets. Not the best sign
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