The price of Lumber is down 50% from its high in late August, now down on the year. $LUMBER pic.twitter.com/HHLWGkvplP — Charlie Bilello (@charliebilello) October 7, 2020 Costum money flow
More new lows than new highs today NYSE pic.twitter.com/EzDXTjU61o — Alessio Urban (@AlessioUrban) September 28, 2020 The perma-correlation breaking down… Lumber starting to doubt the latest tech bounce… t.co/ztD1aUJeqr —
by Tom McClellan The recovery from the Covid Crash has helped to boost lumber futures prices up to challenge the record high made in 2018. That peak in 2018 came about
by closethefuckinglight Next week I will post another stock that I have been doing DD on for months. Click on my name and Follow to be first in line. Happy
by WARREN MOSLER US Factory Orders Fall the Most in 6 Months New orders for US manufactured goods fell 0.8% in April, the most since October last year, due to lower
by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) The price of lumber experienced a steep rise since the depths of the Great Recession and was particularly strong through most of 2017 and
by WARREN MOSLER This has been know to be associated with the housing cycle: Framing Lumber Prices Down 30% Year-over-year This has taken a dive recently: Global economy enters
by Tom McClellan For years the price of lumber futures has been a pretty good leading indicator for a variety of economic data, especially the series related to the housing market.
by Michael Snyder Oil, copper and lumber are all telling us the exact same thing, and it isn’t good news for the global economy. When economic activity is booming, demand
via Martin Pring Nonfarm payrolls are an economic series that is widely followed by the investment community. However, it’s a coincident indicator, meaning it tells you what is going on now, not
by Tom McClellan For a few years now, I have been employing lumber prices as a leading indicator for what the homebuilding sector of the stock market would do, and it
BY SRSROCCO As the price of lumber reaches an all-time record high, investors better take this as another warning that the market is in a massive bubble. However, a large
