commodity markets commentary

Offers free commodity markets commentary 5 days a week. A new round of housing price data hit the news this week. The annual increase in many places is clear enough, but the wide extent of the gains truly shows the real estate bubble for what it is. Here's what I mean. You won't be shocked to learn that of the five real estate markets with the greatest price increases, four were in or near greater New York City (Long Island was tops at +29.6%). Nor is it surprising that markets like Washington D.C., San Diego CA, and Long Beach CA jumped nearly 20% or more. Offers free commodity markets commentary 5 days a week.

elliott waves
bear market
elliott wave futures
commodity markets
qqq
e-mini

commodity markets commentary

commodity markets commentary

What IS amazing is that the double-digit gains extended far beyond the "predictable" housing markets. From Portland ME (14.2%) to Ft. Lauderdale FL (13.5%) to Tucson AZ (14.9%) to Milwaukee WI (11.9%) and elsewhere, prices are rising in places that don't have the low supply/high price constraints that one finds in Manhattan or San Francisco. Offers free commodity markets commentary 5 days a week. We've been providing regular commentary about the real estate bubble, explaining issues to subscribers now that others will read about months or even years later. The current Elliott Wave Financial Forecast shows the price chart of a company that's representative of the homebuilding industry; that chart reflects a clear, long-term Elliott wave pattern. Offers free commodity markets commentary 5 days a week.