December 2nd Market Update – The markets provide good opportunities; Stocks, bonds, housing, gold, silver, oil, bitcoin

I have uploaded a market update for December 2, 2018. Click here to go to the show archives page to listen and look at the relevant links or you can listen on the link below. You can also Right mouse click here to download the podcast.

-A trendless stock market that should be kept in perspective. The Chinese/US trade talks this weekend were a wash and should not greatly affect early week stock trading, though we could see a small bounce.
-Bond analysis. Mortgage rates look supportive as they are now fully below 5% again.
-Oil and XOP analysis with price points and technical analysis. My thoughts on where we could end up in the near future.
-Why do the oil drillers and miners issue shares after catastrophe strikes? Are they that short-sighted?
-Gold and silver analysis. Silver support levels.
-Housing and real estate. Let’s not get too caught up in analyzing new home sales as these markets are highly managed. Working-class housing is in high demand. I get several phone calls and letters a week from investors asking me to accept all-cash offers. These investors were nowhere to be found early in the decade.
-I am contemplating new real estate purchases. Where I recommend.
-The bitcoin investor consensus is still too bullish, despite the $2,000+ drop.
-Jerome Powell wasn’t as dovish as many think, but there was a relief rally in stocks as the shorts were forced to cover.