|Day Low/High||45.06 / 46.36|
|52 Wk Low/High||17.12 / 48.00|
The S&P 500 clinched a new closing high for 2016 as crude closed above $50 a barrel on Tuesday.
With a solid footing now underneath, the home builder is setting up well for a sustained move.
These homebuilders show strong technicals and fundamentals.
A close below $17 would tip the scales further in favor of the bears.
Jim Cramer says PulteGroup should buy rival homebuilder KB Home.
LGI, Meritage and other housing stocks look good at current prices.
Jim Cramer said he's trying to understand the behind the scenes at PulteGroup because he believes the company's shares should be up a lot more.
Investors have been shifting away from the builders and toward the apartment developers and managers.
A break below $15 is likely to result in a further loss to the $10 area.
Wall Street's early rally has faded, and it's going to be interesting how markets do once Europe has closed. Today's stocks of note include The Gap (GPS), where dismal comps have shares down some 10%. Barracuda Networks (CUDA) is also getting shella...
Many economists and housing experts remain bullish on the market, but the charts of some housing companies are turning lower.
Margins continue to be hurt by incentives and concessions.
There are many weak charts among the homebuilders today, bit this one takes top honors.
New starts rise may be more of a snap back than sustainable upturn.
Look for the ones under-owned by large institutional investors.