S&P 500 and Housing, not related but kind of frightening.
The Federal Housing Administration’s asset pool for last year has serious problems, 20 percent are in foreclosure and 2007 loans have a 24% default rate.
The Federal Housing Administration’s asset pool for last year has serious problems, 20 percent are in foreclosure and 2007 loans have a 24% default rate.
Watching for a mid term double top on the S&P 500 emini futures. seems that we came back up to the previous high with less volume. Presently there is a 48.75 range which is lower than the average.
S&P Emini 500 Futures gapped up 7.25 points at the open, and the gap didn’t fill today.
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