InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,003.84
(
0.51%
)
US TECH 100
20,593.20
(
0.25%
)
Dow Jones
44,020.77
(
0.67%
)
Brent Oil
73.64
(
-2.41%
)
Bitcoin
76,850.17
(
1.25%
)
Post# of 32317
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

farooq

Send PM Follow Ignore
Followers 130
Posts 8294
Boards Moderated 0
Alias Born 11/26/2001

farooq

Re: dotnet post# 23164

Monday, 06/14/2021 5:00:17 PM

Monday, June 14, 2021 5:00:17 PM

Post# of 32317
House prices will drop 10% with every 1 % increase in interest rate for first 2 point then drop will be reduced. There is not a single occurrence that mortgage rate increase and price of the house is not dropped. Timber is already falling down. Cost of material will come down also along with big items which are in shortage now.
Market also correct about 9% for every one point increase.
We might see SPY under 400 sooner than later. We are in distribution phase IMOP.

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

http://investorshub.advfn.com/boards/board.asp?board_id=4514

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up