JUST LETTING YOU KNOW We had a good day on Friday. Today, there was a little pullback. I think the main stance continues to be: Choppy, Choppy, Choppy, Choppy. Bullish Monday, bearish Tuesday. I think the market’s going to be all over the map. Just remember that we’re in the midst of earnings season. [...]
Archive for the 'Housing' Category
07/16/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
HMMM! HOW DID WE END UP WITH PROPERTY TAXES IN THE FIRST PLACE?
BISMARCK, N.D. — Since Californians shrank their property taxes more than three decades ago by passing Proposition 13, people around the nation have echoed their dismay over such levies, putting forth plans to even them, simplify them, cap them, slash them. In an election here on Tuesday, residents of North Dakota will consider a measure [...]
NOW I FEEL BETTER…4 MORE YEARS…4 MORE YEARS!
WASHINGTON — The recent economic crisis left the median American family in 2010 with no more wealth than in the early 1990s, erasing almost two decades of accumulated prosperity, the Federal Reserve said Monday. A hypothetical family richer than half the nation’s families and poorer than the other half had a net worth of $77,300 [...]
A HOUSING BEAR MARKET THAT WOULD LAST AT LEAST 10 YEARS
I have been telling anyone who would listen that we were in a housing bear market that would last at least 10 years. Throughout the past few years, many have argued against this bear market. I thank the BIG PICTURE website. It is self-explanatory. 2006 Housing Turnaround? Home Sales Up in March (ABC News, April 25, 2006) Home [...]
MARKETS BEYOND OVERSOLD
It should now be obvious why we told you to watch those intermediate support levels of DOW 12,700, S&0 1340, NASDAQ 2900 and RUSSELL 780. When intermediate support gets taken out, it usually means there is some ugly to come. This is exactly what happened as markets here and across the globe had somewhat of [...]
03/09/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW… Pay no attention to the Dow today. There’s some good action underneath the surface. Before I get into that, we had an unemployment number. It came in at 8.3, the same as last month’s 8.3, but created around 230,000 jobs. Again, I don’t know where they get these numbers from. If [...]
JUST GIVE AWAY ALL OUR #*&#* MONEY! HOW ABOUT ME?
The Obama administration will extend mortgage assistance for the first time to investors who bought multiple homes before the market imploded, helping some speculators who drove up prices and inflated the housing bubble. Landlords can qualify for up to four federally-subsidized loan workouts starting around May, as long as they rent out each house or [...]
02/27/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW… There is a lot of stuff going on, underneath the surface. I must tell you that the market’s acting fine. Last week I said to you that they’re finally pulling in the Housing stocks and the Financial stocks – which was good to see. Well the Housing stocks bounced a little [...]
02/23/2012: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW… Last week I told you (on my radio show) that IBM was poised to break out of a range. IBM did it today on heavy volume. Strong day for IBM as it attempts the $200 level. Of the 46 points gained by the Dow today, IBM accounted for 33 of them. [...]
