Economy slowing -job market bad -Not a good sign for buyers buying new homes
Never use 'facts'. Because even if you are correct they mean nothing.Buy unpopular stocks and begin distribution when there is a change for the better. it pains me to keep selling PCYC but it looks like they have a good anti cancer drugs and good news is a no no.Housing stocks I stay with. And airlines Euro-banks MXF Argentina etc.
That may be true in the beginning of a downturn. Home sales imo are what then brings us out of high unemployment and a slow recovery. The better numbers of late are telling u something. Trouble is most can't see the forrest for the trees. G.L.
Market heavy- I believe some builders will make profit some will not as we will see this week in earnings
New home sales better than expected, should be an indication that the economy is not really slowing.