Check out the inflection point with residential real estate prices.

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In spite of the surge in interest in buying every stock on the planet, one particular item has continued its regular downbeat: IYR, the real estate ETF:

The nauseating strength the market has shown since October 13th is well expressed by an industry that is running headlong into disaster: real estate. The ETF for this, IYR, has been a persistent favorite of mine, and price action is now butting right up against important resistance.
