John Blake
reacted to
Housing market update:
1. 20% of listings reduced price in last month
2. Mortgage demand lowest since 2001
3. Interest rates doubled
4. Refinance demand down 75% YoY
5. Inventory up 10% since March
Volatility is already bad…
What happens when the housing market collapses?
$NVR Inc (NVR.US)$ $Lazard Global Total Return & Inc Fd Inc (LGI.US)$ $Home Depot (HD.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Apple (AAPL.US)$ $AMC Entertainment (AMC.US)$
1. 20% of listings reduced price in last month
2. Mortgage demand lowest since 2001
3. Interest rates doubled
4. Refinance demand down 75% YoY
5. Inventory up 10% since March
Volatility is already bad…
What happens when the housing market collapses?
$NVR Inc (NVR.US)$ $Lazard Global Total Return & Inc Fd Inc (LGI.US)$ $Home Depot (HD.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Apple (AAPL.US)$ $AMC Entertainment (AMC.US)$
13
12
John Blake
voted
Good time to poll. with last week frantic selling has the market cooled enough or will we expect another wave of heart stopping new lows?
My personal take, Logic over sentimental selling. You bought at a certain belief on the stock so don’t give in to panic or impulsive decisions. Be in tune with latest news and look back at previous trends and charts before transacting.
stocks I’m monitoring
$Tesla (TSLA.US)$
$Apple (AAPL.US)$
$Sea (SE.US)$
$Advanced Micro Devices (AMD.US)$
My personal take, Logic over sentimental selling. You bought at a certain belief on the stock so don’t give in to panic or impulsive decisions. Be in tune with latest news and look back at previous trends and charts before transacting.
stocks I’m monitoring
$Tesla (TSLA.US)$
$Apple (AAPL.US)$
$Sea (SE.US)$
$Advanced Micro Devices (AMD.US)$