S&P Futures: Mind the "Bull Market" Gap
Is this the proper way to start a new bull market? Asking for a friend...
-Home prices relative to income are higher than during the peak of the 2008 financial crisis.
twitter.com/GameofTr.../1664995357561090054
-62% of new homebuyers are having trouble paying their mortgages.
listwithclever.com/r...mebuyer-report-2023/
-Some cities already seeing a rollover in housing prices with a rise in inventory.
twitter.com/NewsLamb.../1665056868824240129
twitter.com/NewsLamb.../1665558549223571456
-Investors are leaving the housing market.
twitter.com/nic...952603724611584?t=vwWPX0w5...
-Commercial real estate is busting.
twitter.com/GRDecter.../1667162807601704961
-Hotel developers are broke.
www.reuters.com/busi...dries-up-2023-06-05/
-Total credit card debt has crossed $1 trillion for the first time ever.
twitter.com/Kob...888770154856448?t=Sf_7Gjkd...
-Credit card delinquency rates are rising.
twitter.com/GRD...629064940048385?t=899sO9UX...
-7 stocks are responsible for all of the gains in the SP500 this year.
twitter.com/Kob...552635889577993?t=r5v6Aju-...
- Student debt payments are about to resume putting more pressure on cash-strapped consumers.
twitter.com/FreightA.../1663126966101221378
Good luck out there in this new "bull market". I suspect that the gap will be filled sooner rather than later, especially with that lower TDI indicator showing the RSI above its upper Bollinger Band.
-Home prices relative to income are higher than during the peak of the 2008 financial crisis.
twitter.com/GameofTr.../1664995357561090054
-62% of new homebuyers are having trouble paying their mortgages.
listwithclever.com/r...mebuyer-report-2023/
-Some cities already seeing a rollover in housing prices with a rise in inventory.
twitter.com/NewsLamb.../1665056868824240129
twitter.com/NewsLamb.../1665558549223571456
-Investors are leaving the housing market.
twitter.com/nic...952603724611584?t=vwWPX0w5...
-Commercial real estate is busting.
twitter.com/GRDecter.../1667162807601704961
-Hotel developers are broke.
www.reuters.com/busi...dries-up-2023-06-05/
-Total credit card debt has crossed $1 trillion for the first time ever.
twitter.com/Kob...888770154856448?t=Sf_7Gjkd...
-Credit card delinquency rates are rising.
twitter.com/GRD...629064940048385?t=899sO9UX...
-7 stocks are responsible for all of the gains in the SP500 this year.
twitter.com/Kob...552635889577993?t=r5v6Aju-...
- Student debt payments are about to resume putting more pressure on cash-strapped consumers.
twitter.com/FreightA.../1663126966101221378
Good luck out there in this new "bull market". I suspect that the gap will be filled sooner rather than later, especially with that lower TDI indicator showing the RSI above its upper Bollinger Band.