RECESSION ALERT - Homebuilders WAY Overbought | SHORT $KBH
Leverage. It's a beautiful thing.
There is not much to say about this one, the chart speaks for itself.
Brief Disclaimer: this chart has evaded me - I personally think it should have corrected awhile ago (see grey arrows). Nonetheless, I never bought it... WHY?:
The economy is now well into a recession (has been for at least a year). For whatever reason this thing was bought into the stratosphere.
Now comes profit-taking and the COLLAPSE! This baby is going DEEP!
Thank you for playing.
💀💀💀
There is not much to say about this one, the chart speaks for itself.
Brief Disclaimer: this chart has evaded me - I personally think it should have corrected awhile ago (see grey arrows). Nonetheless, I never bought it... WHY?:
The economy is now well into a recession (has been for at least a year). For whatever reason this thing was bought into the stratosphere.
Now comes profit-taking and the COLLAPSE! This baby is going DEEP!
Thank you for playing.
💀💀💀
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