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NEW HOME SALES HIT NEAR 9 YEAR RECORD

Started by SemiBizz , Aug 23 2016 10:13 AM

VOLUME OFF THE TOP

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7 replies to this topic

#1 SemiBizz

Volume Dynamics Specialist

Traders-Talk User
23,208 posts

Posted 23 August 2016 - 10:13 AM

US new home sales race to near 9-year high in July

Volume off the top...

The median price for a new home slipped 0.5 percent from a year ago to $294,600.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics

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#2 OEXCHAOS

Mark S. Young

Admin
22,017 posts

Posted 23 August 2016 - 01:54 PM

Interesting approach!

Mark S Young
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#3 SemiBizz

Volume Dynamics Specialist

Traders-Talk User
23,208 posts

Posted 23 August 2016 - 02:00 PM

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics

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#4 dasein

Member

Traders-Talk User
7,696 posts

Posted 23 August 2016 - 03:16 PM

still too much inventory but the banks are giving it their all to get pries back up

best,
klh

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#5 SemiBizz

Volume Dynamics Specialist

Traders-Talk User
23,208 posts

Posted 24 August 2016 - 09:09 AM

Forecasts:

Aug 24 10:00 AM Existing Home Sales Jul - 5.50M

Actual:

Existing Home Sales (Jul) 5.39M

Jun was 5.57M

Won't be very long now.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics

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#6 SemiBizz

Volume Dynamics Specialist

Traders-Talk User
23,208 posts

Posted 24 August 2016 - 02:16 PM

Won't be very long now.

Have another cocktail Kermit... Dinner will be served shortly...

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics

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#7 Rogerdodger

Member

TT Member*
26,870 posts

Posted 24 August 2016 - 02:28 PM

"The Durable Goods Orders Report for July will be released on Thursday. It should produce a nice read for total orders thanks to a jump in orders for nondefense aircraft. The more pertinent result, though, will be the one for nondefense capital goods orders, excluding aircraft, as that is the proxy for business spending."

"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.