Supply Takes Control of Housing Index!

WOW! This Bozo (David Rosenberg is telling investors that the jobs data is great.Maybe it will be in the future.My beef with him is he is saying the  He recently said the Housing market is still strong. The housing index we follow has seen it’s relative strength chart turn negative with supply taking over. What this means is to you is you should take a good look at any stocks you own such as Home Depot, Lowes etc and make sure they are technically sound. You must have an exit place in place to protect you hard earned profits. We will look at this in more detail on on 2 Minute Tuesday!Housing and SPX