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Where's The Big Monday Morning Selloff? 6/29/20

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As usual, no follow through on the prior move in NY. 

What up wit dat? 

WOOOP. There it is! 

Call me maybe?

tvc_c27f6924639150393b92bc4a324e9489.png

 

 

 

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The oscillators are bullish at this hour. 

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Below 3000 bears are home free. Above 3020, bulls will stampede. 

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Absolutely blow the roof away Pending Home Sales number??? Is this made up or what?

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35 minutes ago, fxfox said:

Absolutely blow the roof away Pending Home Sales number??? Is this made up or what?

May contracts. That was when they thought the pandemic was finished. The numbers were getting better in the Northeast and the rest of the country was rushing to reopen. Anyone who had been waiting to buy rushed in. 

June will be a catastrophe. July will be worse. 

 

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I think we'll see record numbers of deals fall through. In other words, they won't make it to existing home sales final for July. 

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Today is about the 200 day on the ES at 3024.44

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Quintessential sell the surprise news. 

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About 40 points to go and the 50-day could get back above the 200-day on the S&P daily.

Locally I'm hearing about a lot of people trying to move out of SF and into the suburbs. No idea if they will be successful but wonder what impact that is having on the market.  

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If it weren't for the fact that Trump controls the SS DOJ, he would have been handcuffed and perp walked out of the White House by now. He condoned Putin's bounty on the heads of American soldiers.  

Now, where is the outrage from the Republican Party?  Why haven't Republican politicians demanded his resignation? 

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PHSI SA, has recovered to the worst level of 2019.

phsi.png

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Unfortunately, I just discovered that I lost 3 years of data on my housing stuff when my windoze crashed on my old computer. The backups were also lost. 

I'm going to dig. 

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AHA! Found the backup! 

Thank god had backed up my old computer to Google Drive before windoze self immolated. 

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