Housing Told Ya

red blocks on brown wooden table

Image Source: Unsplash

As I’ve been mentioning, the bond bear market has fully resumed, and TLT has been range-bound. After the big bounce last week, I pointed out the blue trendline as resistance. We have sunk since then, pushing rates higher.

TLT

Here are a couple of individual housing stocks feeling the heat.

DHI


KBH

 


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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

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