Stock Market Analysis Of Homebuilders ETF (XHB) Shows Double Dip Recession
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www.guerillastocktrading.com I’m a registered Independent. I want to make that point clear right at the start, I’m not a Democrat. I don’t care much for Fox News, Sean Hannity, brand of Republicans who place politics in their analysis of gold. I do not believe anyone has got to allow political partiality to influence their technical analysis. But when two political parties are in a struggle over the economy and it is having an impact on the stock market, you have got to bring in political parties in your technical analysis. Democrats are trying their best to improve the economy before the November elections to win votes while Republicans are doing their best to hinder any policy that could improve the economy heading into the November elections. This account is not really a political bias declaration, it’s just the way it is. Republicans are presently blocking movement on a bill to improve the economy, keep jobs for teachers and cops, and help people buy their first house; another bill that would hold oil corporations accountable for any disasters they cause by removing the current million liability cap; and most recently the extension of jobless benefits. In the past 3 weeks, 3 million people have been booted off unemployment: that’s about 1.2 million people a week. Major news outlets recently reported that for every job opening at McDonald’s there are 300 to 500 applications turned in. Lots of the people applying for jobs at McDonald’s possess university degrees. I …
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Good video! The burial cross has showed it self on other charts as you know so it it looks like we will have a double dip recession. On housing I have been saying this for years that it’s the only industry left in the USA and when that goes it’s lights out for the USA. The Republicans and Democrats have both sold us out and are only looking for their own political interests. Peace
@Mustafoinc Industries tied to housing: direct construction 8.1 million jobs, wood products 560,000 jobs, furniture and related products 558,000 jobs, miscellaneous manufacturing 656,000 jobs, fabricated metal products 1.5 million jobs, furniture and home furnishings stores 583,000 jobs, building material and garden supply stores 1,290,000 jobs, real estate and rental and leasing 2,154,000 jobs, Architectural and engineering services 1,335,000 jobs, financial activities 8,223,000 jobs, etc…
If you say “Housing is 70% of GDP” and the other is that “CONSUMERS are 70% of GDP” does what you are saying mean different or that I can conclude from this is that the 70% in GDP from consumers is mostly due to Housing?
Good video! The burial cross has showed it self on other charts as you know so it it looks like we will have a double dip recession. On housing I have been saying this for years that it’s the only industry left in the USA and when that goes it’s lights out for the USA. The Republicans and Democrats have both sold us out and are only looking for their own political interests. Peace
@Mustafoinc Industries tied to housing: direct construction 8.1 million jobs, wood products 560,000 jobs, furniture and related products 558,000 jobs, miscellaneous manufacturing 656,000 jobs, fabricated metal products 1.5 million jobs, furniture and home furnishings stores 583,000 jobs, building material and garden supply stores 1,290,000 jobs, real estate and rental and leasing 2,154,000 jobs, Architectural and engineering services 1,335,000 jobs, financial activities 8,223,000 jobs, etc…
If you say “Housing is 70% of GDP” and the other is that “CONSUMERS are 70% of GDP” does what you are saying mean different or that I can conclude from this is that the 70% in GDP from consumers is mostly due to Housing?