Plans to buy a home in the next six months have fallen to their lowest level in more than two years, according to a Zillow report published Tuesday. There were other worrisome signs in residential real estate. For one, sales of existing homes have fallen to the slowest pace since September; and for two, new homes are selling at the lowest level since October 2017. Read the whole story here. Will Wall Street continue to shrug off the darkening picture in housing? Probably yes, provided enough investors are worried about it. If you’re looking for a better reason to be bullish, imagine how the stock market would react to news of a thaw between the U.S. and China over tariffs. If it happens and shares surge, shorting into the rally would be a bear’s dream come true, as far as we’re concerned. Will we be so lucky, or will stocks collapse without warning from current levels? We may be about to find out.
Comments on this entry are closed.
Click here for a special deal for graduates of the Hidden Pivot Course who want to stay on the cutting edge
Tuesday, Sept 11, 2018
The consistent accuracy of Rick Ackerman’s forecasts is well known in the trading world, where his Hidden Pivot Method has achieved cult status. Rick’s proprietary trading/forecasting system is easy to learn, probably because he majored in English, not rocket science. Just one simple but powerful trick -- managing the risk of an ongoing trade with stop-losses based on ‘impulse legs’ – can be grasped in three minutes and put to profitable use immediately. Quite a few of his students will tell you that using ‘impulsive stops’ has paid for the course many times over.
Another secret Rick will share with you, “camouflage trading,” takes more time to master, but once you get the hang of it trading will never be the same. The technique entails identifying ultra-low-risk trade set-ups on, say, the one-minute bar chart, and then initiating trades in places where competition tends to be thin.
Most important of all, Rick will teach you how to develop market instincts (aka “horse sense”) by observing the markets each day from the fixed vantage point that only a rigorously disciplined trading system can provide.
The three-hour Hidden Pivot Course is offered live each month. If it’s more convenient, you can take it in recorded form at your leisure, as many times as you like. The course fee includes “live” trading sessions (as opposed to hypothetical ‘chalk-talk’) every Wednesday morning, access to hundreds of recorded hours of tutorial sessions, and access to an online library that will help you achieve black-belt mastery of Hidden Pivot trading techniques.
The next webinar will be held on Tuesday, September 11. Click below to register or get more information.
Stock Market Has Found a New Reason to Rally MUCH Higher
Market’s Surge Seems to Be Predicting a Tariff Deal with China
Bullion’s Harsh Realities
Shades of Irving Fisher
A Major Cryptocurrency Remains Shrouded In Mystery
Stocks Due for a Nasty Reality Check
Do We Repay Scoundrels for Burying Us In Debt?
Trump’s Worst Idea: Paying Off National Debt with Tariffs
Is Gold Just a Little Too Quiet?
Gold’s Big Day, but Only in Iran