I’m not defending the guy, but he’s a trader, not an investor. By that, he could recommend a stock to get a pop, then recommend a sell on it week later to cash in and get out. He seems rather permabull on the markets, but has been bashing housing stocks for quite a while (months). Like him or hate him, it’s nice to see permabulls be negative on housing at least (for those hoping for price declines!).