|Day Low/High||40.28 / 41.44|
|52 Wk Low/High||32.39 / 47.00|
This homebuilder has roared past resistance.
The much beloved homebuilder stocks are getting schmeissed off of D.R. Horton's reduced forward order guidance. As I have written, I disagree with the bullish consensus.
The stocks that performed well were the stocks that you would reach for in a recession.
Now there's no real crisis here. I think that money's still being spent, it's just being spent a different way.
The housing always has been regional, which makes it dicey to judge where it is headed from any one company.
How can this be? Let's take a look at the camps so we can figure it out.
Today's lone piece of economic data was the June reading for the National Association of Home Builders-Wells Fargo National and Regional Housing Market Index, which is designed to be a barometer of the single-family housing market. As we know, that ...
These stocks are like spewing volcanoes. You do not want to get hit by one of them.
The big conglomerate is still in trouble, but there are signs it may be putting in a floor.
The idea that the tax changes have done nothing is, indeed, fanciful.
A bullishly biased, ITB out-of-the-money long call 'shooter' expiring in July.
The labor participation rate, and not the employment number itself, may be the key 8:30 a.m. figure.
Spring begins the home-buying season, and spring begins two weeks from tomorrow.
In February's Action Alerts PLUS members' call, Cramer talks about some of the stocks on his wish list, as promised to his members.
These names are displaying bullish and bearish reversal patters over the last week.
Look no further than the top 10 winners in the S&P 500 and you will see just what I mean.
Stocks fall as House Republicans' plans for tax reform are made public.
Homebuilders are going up despite rate increases; utilities, which should get hammered, are also going up.
Midday Report: Stocks traded lower Monday.
Smaller builders are of particular interest because they're acquisition candidates in a fragmented market.
They have faster growth prospects and sell for slightly cheaper valuations, as well.
The central bank will probably hike rates this week, which could have unpleasant consequences for bulls.