|Day Low/High||43.83 / 45.73|
|52 Wk Low/High||17.12 / 49.70|
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.
And why McDonald's shares will leave a bad taste in your mouth.
Retail investors and asset managers are pretty bad at economic forecasting.
Do homebuilder stocks reflect expectations for economic growth?
A wave of earnings and economic data will be unleashed this week.
The latest S&P/Case-Shiller home price index report shows that while prices of homes around the country are continuing to climb, they are not climbing as fast as they once did.
Housing starts are still too low to meet the coming demand.