Those were great comments in the previous post. I let that post marinate at the top and it yielded great results.
In the meantime, markets continue to ramp. Often times the market will run like a wild beast out of the gates, only to base out the rest of the day. But today is one of the rare occasions that stocks continued to gain momentum as the day progressed, rewarding those who bought the open.
Breadth stands at 72%. It’s not great, but certainly better than the open of 49%.
Naturally, I’ll b posting some deleterious news later on, because my bias is hard wired. But know this, markets look damn good today.
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Death to reaL estatE
All you old people, old folks, older folks sucking off the rebubbled property value levels or a sigh of relief you got to reverse-mortgage-or-heloc your monthly vacations again. The party will end. You will be seen as fools. Housing will go back down. C.r.e cremation leads the way. Your progeny will be left in the dust. From your greed. Entitlement. Foolhardy gullibility. Arrogant psychology. Real Estate Will Die Along With The BabyBoomers