Having triple digit gains and losses every other day is one thing but when you start having them 2 or 3 times a day that's a clear sign something isn't right. If you want to trade this just watch the yen carry because that looks like what's driving the swings in both the Nikkei and Dow. This looks more like 07/08 every day.
GE and these CON markets are about to get the CON SNOT knocked out of them. US housing CRASH PART II odds going up every day like INFLATION in the US is. It's CON eat CON time.
Investors moving out of housing--here's why
By Diana Olick | CNBC – 4 hours ago.
They swarmed the distressed housing market, buying thousands of foreclosed properties and pushing prices higher faster than anyone expected. Now investors are pulling back, dissuaded by the higher prices they themselves brought about.
"Perhaps the numbers aren't working out," said Lawrence Yun, chief economist of the National Association of Realtors, which reported that just 15 percent of June sales were by investors. That is the lowest share since the Realtors began tracking this cohort in October of 2008.
Current homeowners are now driving the housing market, as even investor traffic fell in June for the fourth straight month, according to Campbell/Inside Mortgage Finance. That could mean slower sales going forward, as still tight inventory keeps move-up buyers in place. That, and negative home equity.
(See CNBC for full story)
Sentiment: Strong Sell
CRASH already in process as is a RECESSION for EUROPE (with the US to follow). This is all a CON, big banks/brokerages have been MANIPULATING the DOW and markets. The SMART INVESTOR has SOLD and SHORTED stock, just like The General ordered. Don't be fooled by manipulators..... SELL and SHORT into there late market FIXES.