|Day Low/High||51.24 / 51.91|
|52 Wk Low/High||37.29 / 55.77|
The major homebuilders are forecasting strong demand into the second half of 2019, giving a boost Wednesday to shares of Home Depot and Lowe's.
Volume trends have been uber positive for the homebuilder's shares.
The homebuilding sector is showing signs that it can remain red hot in 2019.
It becomes difficult to own for anything other than a trade, managed care stocks and those that most benefit from Medicare expansion.
This is a natural decline that will be followed by an advance you can profit from as housing endures its annual spring rebound.
How did we get from a rolling bear market to a rolling bull market so quickly?
This is why using the Philips Curve, in a vacuum, is misleading.
Micron is a perfect example of how the stock market does work.
Plus, a resolution of the government shut-down needs to happen soon.
Retail and housing stocks are reacting to what will happen this spring, rather than Fed fears. This is how to play it.
Shares of the homebuilder seem poised to rise, but further consolidation and accumulation is probably needed to support a more sustained rally.
This homebuilder has roared past resistance.
The perception of the majority right now is quite negative.
"We believe that free market capitalism is the best path to prosperity!" - The Kudlow Creed Dear Larry, You and I go way back - we have been friends for many years. I deliver this letter to you out of respect and in recognition of that friendship. I...
The stocks that performed well were the stocks that you would reach for in a recession.
Let's check out some upgrades, downgrades and more.... Upgrades: * Domino's Pizza at Maxim Group to a Buy with a new $310 price target, up from $305 * Workday at Bernstein fetches a new Outperform rating Downgrades: * Lennar and Meritage are hit wit...
The Fed's crystal ball is very clouded.
What are people doing talking about how strong the economy is without getting their hands dirty and speaking to CEOs?
Portfolio managers will presume that these stocks can't be as good as they were.
The Fed is prepared to raise rates endlessly until we don't get higher salaries.
But here's how you can get into the name without much risk.
Covered calls may be the best bet -- or wait for a dip.
Now there's no real crisis here. I think that money's still being spent, it's just being spent a different way.
"Let's be very careful out there." - Sgt. Esterhaus, Hill Street Blues Markets closed near the day's lows - completing a four-day losing streak for the S&P Index. Downside leadership was seen in banks (contagion concerns rather than rate concerns...