Home > Uncategorized > Nov 27, 2017 New Home Sales hit 10 year high, as China Liquidity continues to drop

Nov 27, 2017 New Home Sales hit 10 year high, as China Liquidity continues to drop

November 27th, 2017

Well, this is the American Session today. Last night I was just too frustrated to blog. Shanghai Futures again had Copper and other metals down. China Liquidity is drying up as everyone is trying to get money out of China (ala Bitcoin and other methods). You would figure that Futures would be down in Europe. Nope. They were Green. Anyway, we are still green, about up .2%. If this is the top FINALLY, then it is truly sad to see so many buying homes at the worst possible time. Also, fwiw, those loans on the old One Belt, One Road to EM again has talk that they are Bad (like duh). For Black Friday, Saw a lot of people hitting Victoria Secret and Macy’s…but not Discount stores…they need designer names, not blenders.

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  • panther341

    Hi TN. I figured you were not enjoying all this. It is pretty amazing we can go this long without any pullbacks – 13 months now since the election. I am completely out right now – focusing on the house thing. Actually right now our weather is dry and warm and I am painting some wrought iron furniture. LOL

  • panther341

    My sister is now in hospital in Houston. She was supposed to come at Thanksgiving but did not feel well. I am leading a workshop at my church this Saturday – and my brother is in Houston – so I am staying here for now.

  • panther341

    bitcoin gone nuts. 11,000

  • panther341
  • Trading_Nymph

    And after IRS win, it sold off.

  • Trading_Nymph

    Panther you are so right. I really thought it would be kinda easy following a bubble from formation to it’s destruction. Now everyone is out buying homes, cars, etc while all the Central Banks are pulling out and the original Bubble Maker China is finally pulling in the money.

  • Trading_Nymph

    Keep me posted on how she is doing. Love the Seasonal Panther Pic. It must have been a hard Thanksgiving for you.