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/GameofTrades_/status/1664995357561090054
-62% of new homebuyers are having trouble paying their mortgages.
listwithclever.com/research/homebuyer-report-2023/
-Some cities already seeing a rollover in housing prices with a rise in inventory.
twitter.com/NewsLambert/status/1665056868824240129
twitter.com/NewsLambert/status/1665558549223571456
-Investors are leaving the housing market.
twitter.com/nickgerli1/status/1663952603724611584?t=vwWPX0w5MmG72MtuxbRyQg&s=19
-Commercial real estate is busting.
twitter.com/GRDecter/status/1667162807601704961
-Hotel developers are broke.
reuters.com/business/finance/us-hotel-developers-run-out-cash-construction-lending-dries-up-2023-06-05/
-Total credit card debt has crossed $1 trillion for the first time ever.
twitter.com/KobeissiLetter/status/1663888770154856448?t=Sf_7Gjkd2eRtrOmx_Zd15A&s=19
-Credit card delinquency rates are rising.
twitter.com/GRDecter/status/1666629064940048385?t=899sO9UXEh2uaJEaHQ3UTQ&s=19
-7 stocks are responsible for all of the gains in the SP500 this year.
twitter.com/KobeissiLetter/status/1662552635889577993?t=r5v6Aju-3_AKK5T2aVkLwQ&s=19
- Student debt payments are about to resume putting more pressure on cash-strapped consumers.
twitter.com/FreightAlley/status/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/GameofTrades_/status/1664995357561090054
-62% of new homebuyers are having trouble paying their mortgages.
listwithclever.com/research/homebuyer-report-2023/
-Some cities already seeing a rollover in housing prices with a rise in inventory.
twitter.com/NewsLambert/status/1665056868824240129
twitter.com/NewsLambert/status/1665558549223571456
-Investors are leaving the housing market.
twitter.com/nickgerli1/status/1663952603724611584?t=vwWPX0w5MmG72MtuxbRyQg&s=19
-Commercial real estate is busting.
twitter.com/GRDecter/status/1667162807601704961
-Hotel developers are broke.
reuters.com/business/finance/us-hotel-developers-run-out-cash-construction-lending-dries-up-2023-06-05/
-Total credit card debt has crossed $1 trillion for the first time ever.
twitter.com/KobeissiLetter/status/1663888770154856448?t=Sf_7Gjkd2eRtrOmx_Zd15A&s=19
-Credit card delinquency rates are rising.
twitter.com/GRDecter/status/1666629064940048385?t=899sO9UXEh2uaJEaHQ3UTQ&s=19
-7 stocks are responsible for all of the gains in the SP500 this year.
twitter.com/KobeissiLetter/status/1662552635889577993?t=r5v6Aju-3_AKK5T2aVkLwQ&s=19
- Student debt payments are about to resume putting more pressure on cash-strapped consumers.
twitter.com/FreightAlley/status/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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.