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US Home Cons Review |
The US Home Construction's overall trend, revealed by trends of price, leverage, and time, are defined in The Matrix for subscribers.
Subscriber Comments
The Economy & Stock Report (E&S), a series of videos, extends the discussion.
The Internet is a great source of opinions. The majority's inability to discriminate the difference between opinions and facts (following the invisible hand) means they will always be the bag holders.
One of the favorite narratives of permabears has been and continue to be rising rates are bad for stocks and US home builders. The computer warned us that "the bubble" narrative, not the asset, would fail in early 2023. We knew that few people would listen to the warning (see 01/26/23 US Home Construction Review $ITB #HomeBuilders).
The majority, a group that resides on the Internet behind Avatars and icons, is always beaten into submission by the invisible hand. Warn them of change ahead, and some will accuse you of living in your parent's basement to justify their belief. Ego means there's an infinite supply of bag holders, whether we publish the Matrix or update reviews and reports. This is simply the way of trading.
How many people expected homebuilder stocks to be one of the best performing assets YTD? pic.twitter.com/tPa2aiyOrK
— Lyn Alden (@LynAldenContact) June 10, 2023
Every subscriber did. The computer warned us that the trend change six months ago. We clearly stated that the odds that the housing bubble narrative, a fool's speech parroted without mercy on social media, was going to leave the majority shocked, unprepared, and holding the bag.
Subscriber Comments
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The Matrix provides market-driven trend, cycles, and intermarket analysis.
