Emini Futures Trading Blog
Members' Area
This area does not yet contain any content.
Members Area
Live Emini Training Room
Christian Financial Radio Network
Emini Broadcast Listen Live


Live Market Commentary

Every Trading Day 12-2pm Eastern

To view our charts and participate
in the live discussion

Click Here




Compatible Trading Platforms


Christian Financial Radio Network BBB Business Review


Trading is risky and not suitable for all people. Please read the CFTC Required Disclosure Page and the CFRN Disclaimer Page as part of our Terms of Service. 


What happens in your E-Mini Live Trading Room?

For traders seeking hands-on instruction in a virtual classroom, we offer the CFRN Live emini trading room. CFRN wraps all of its proprietary trading systems, indicators, and methodology into this unique educational environment.

live market commentary, real-time application of the CFRN Proprietary Indicators, and trade signals in real-time.
Ask questions and learn the most important trading lesson of all: WHEN, HOW, and WHY you should get in or out of a trade.


This show is so good because it not only talks about the markets , which we all are enthralled with, but also about finding out about ourselves and how it relates not only to our trading, but maybe even more important about how we see ouselves in the world we live in and how from the knowledge we take from this show can make ourselves a better human being in our life here on earth--I'll say it one more time"MAN I LOVE THIS SHOW"-thanks guys

- R.H. Canada

More testimonials ...

Follow Us
« Emini Futures | Breakout Kings | Main | Emini Futures | Zone To Zone Inside Day »

Emini Futures | Brick And Mortar - The New Economy?


Brick And Mortar - The New Economy?

Two back to back days of positive housing data have the markets looking a bit optimistic. Pending home sales rose 5.9% in May hitting a two-year high, adding to other recent positive reports from the battered sector including yesterday's S&P/Case-Shiller data showing U.S. home prices rose 1.3% in April.



If tonight's blog had a soundtrack > the Commodores unforgettable Brick House.

Before we get too carried away let's not forget that this is the same  business, along with a few shady bankers, that played a huge role in creating the current economic muck we find ourselves mired in. On today's Live Daily Broadcast we talked about some interesting housing numbers. 3 of the hardest hit areas in the nation - Las Vegas, Phoenix, and Miami, all have what appear to be very low inventories of available single family homes.

  • Las Vegas - 5,211 (6 week supply)
  • Phoenix - 8,800     (2-4 month supply)
  • Miami - 11,403       (2-4 month supply)

Shadow Inventory - Fact or Myth?

Many people believe the low numbers are because banks are holding foreclosed homes off of the market in an effort to drive up Valley home prices.

Professor Michael Orr of the ASU Real Estate Studies Department doesn't believe that.

"I actually keep a file of exactly what houses the banks own and what they're doing with them," he said. "When you actually count them out, it's a relatively trivial amount that they actually own that they haven't already listed for sale."

As for banks having a so-called "shadow inventory," Orr said it's just not in the cards.

"It's not possible," he said. "To own a house, you have to have a deed. A trustee doing the foreclosure writes a deed and records it with the county. You can get those and examine them and see when the bank disposes of the property. It's not really 'in the shadows,' it's public information."

If this is true then Brick and Mortar may once again be the oldest game in town, but bear in mind that we are dealing with global economic woes that extend far beyond the beleaguered real estate market.

If inventory really is shrinking, and prices are up by some accounts as much as 33% in certain areas, at current interest rates this looks like a pretty good trade. We said it was attractive 2 years ago. Today it's hard to resist. Keep in mind that the EU Summit starts tomorrow and the Fed will be closely watching the unemployment numbers as a barometer for further easing.

Housing recovery is by no means a day trade, but at the end of the day we all need a place to call home.


S&P 500 Emini Futures

The CFRN Weekly Trading Zones were once again kind to our Partners today. 


Emini Futures Hourly Chart 06/27/12(ES) Emini Futures Hourly Chart 06/27/12


Remember, CFRN Partners have the Weekly Zones before the market opens every Monday. Apply for our Free Trial and put these numbers to work in your Emini Futures Trading. No Obligation - No Credit Card Required - Financing Available.


Connect with us: Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes



Emini Podcast for Wednesday 06/27/12

References (6)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Response
    Response: my review here
    Wonderful page, Carry on the wonderful job. Thank you so much.
  • Response
    Emini Futures | Brick And Mortar - The New Economy? - emini news blog - Emini Trading
  • Response
    Emini Futures | Brick And Mortar - The New Economy? - emini news blog - Emini Trading
  • Response
    Response: immigration laws
    Emini Futures | Brick And Mortar - The New Economy? - emini news blog - Emini Trading
  • Response
    Emini Futures | Brick And Mortar - The New Economy? - emini news blog - Emini Trading
  • Response

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>