Look at the housing stocks. Thats about the worst looking sector out there, although this (last) week the technology sector got clobbered. So, to me you are seeing a turning point in the market. All this volatility is likely indicative of a top in the market and a turning point.
Related trading instruments: SPDR S&P Homebuilders (ETF) (XHB), Lennar Corporation (LEN), KB Home (NYSE:KBH), Facebook (FB), Twitter (TWTR), Netflix (NFLX), Tesla Motors (TSLA), SPDR S&P 500 Index ETF (SPY)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
- ► 2016 (252)
- ► 2015 (344)
- Stocks: The Market Is On Its Own Now
- Greenspan: The Fed Cannot Exit Without Creating Tu...
- Federal Reserve: Now Comes The Tough Task
- Corporate Earnings: What Are They Telling Us (MCD,...
- CNBC Video: "I Am Wrong Less Often Than Every Oth...
- The Economy Is Much Weaker Than People Think
- The Economy Cannot Survive Without QE
- The U.S. Economy Is A Disaster
- The Only Way The Fed Will End QE
- What is The Fed Going To Do If Stocks Go Down?
- Markets Are Slowly Coming To Grips With The Realit...
- Ending Quantitative Easing Will Plunge The U.S. Ec...
- QE: When The Effects Wear Off...
- More QE To Get The Stock Market Up Again
- Market Update: Deflation, Inflation & QE4
- Endless QE: The End Result Will Be...
- Gold: China Is Quietly Buying
- Gold: $1200 Will Seem Cheap
- U.S. Economy: We Will Be In Recession By Early 201...
- Investors Will Return To Gold
- U.S. Dollar: Why The Rally?
- The False Premise Of The U.S. Dollar Rally
- Volatility Is Indicative Of A Topping Stock Market...
- Stocks: A Top And A Turning Point
- Stock Market: Economically Sensitive Indexes Are T...
- Stock Market: The Worst Week In Years
- Federal Reserve: QE Has Not Worked!
- Federal Reserve: Their Plan Is To Launch QE4
- Bitcoin: Don`t Buy The Dips
- Gold & Silver: Opportunity To Buy
- Markets Are Forming A Top
- Video: Employment Report Analysis
- The Fed Will Lose Control
- Stock Market: Signs Of A Top?
- Quantitative Easing (QE) Has Not Worked
- Ending QE: Reverting The Process
- Federal Reserve: Selling 700 Billion USD Of Debt i...
- A Surging U.S. Economy?
- ▼ October (38)