|Day Low/High||58.14 / 59.08|
|52 Wk Low/High||27.04 / 60.16|
Yesterday's Building Permits rose 4.5% MoM to a seasonally adjusted annual rate of 1.709 million, well above the expected 1.6 million, and the highest level since August of 2006 when the nation was in the midst of a housing boom. Housing Starts also...
On a down day like this, you might want to bail. But instead of submitting to your emotions, aim your cash at these stocks.
Here's when you make your move and start buying.
For housing, lower rates have the biggest multiplier impact of any industry in the country.
Disinfectant makers, home repair retailers and even camping equipment names might be your best bet until a vaccine comes.
Markets are watching what Fed Chair Powell will signal for future rate cuts during this afternoon's FOMC rate decision.
Let's review the charts and indicators.
We have to own that it was a bad day for the bulls and that it's perfectly realistic to expect a few more until the facts get more positive.
Masco was upgraded to a Buy on Thursday by TheStreet's quantitative service.
Does it not make sense to create a separate portfolio made up of equities that will benefit -- as sick as that sounds -- when an area needs to rebuild?
These themes are working despite the turmoil in Washington and slowing global growth.
Retail and housing stocks are reacting to what will happen this spring, rather than Fed fears. This is how to play it.
Uno MAS please. Masco shows how a company can fly on bad news.
Some groups that have been in horrendous bear market mode finally caught a bid.
The stocks that performed well were the stocks that you would reach for in a recession.
Forward looking valuations, except for Nvidia, are very low.
* Unusual call activity is actually often quite usual "Praise by name, criticize by category." -- Warren Buffett A month ago I added Lowe's to the many stocks that recently experienced unusual call activity -- and turned out to be non-predictive of...
Staggering misses from both are going to come on hot against various names in the remodeling area.
The free market is going to take back control of interest rates.