Today's rally made very little rational sense, as is common of all things in the markets, was on low volume and certainly has pushed the envelope for the end of the month window dressing...as I see it, for each stretch to the upside to correponding pressure downward will increase...nothing has changed with regard to any of the comments I made on friday last week. I had not necessarily expected to get more entries into the current trades...but I wanted to share the current trades we are in for the Russell 2000 and S&P500, in case it may be helpful in these crazy times.
Lawler: Early Read on Existing Home Sales in October
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Today, in the Calculated Risk Real Estate Newsletter: Lawler: Early Read on
Existing Home Sales in October
A brief excerpt:
From housing economist Tom La...
5 hours ago