|Day Low/High||52.95 / 53.32|
|52 Wk Low/High||27.04 / 60.16|
This is precisely what has powered the monster moves we're seeing.
Low rates and bullish company calls mean these building-material plays look good.
Where it began. The rundown: U.S. futures are flat this morning. European stocks are generally unchanged as well, though they started in the red. Nikkei is up 0.46% Ongoing pension allocation chatter buoyed the regions bourse. Outperforming groups i...
This looks like an imbalance between supply and price -- and it seems to have begun correcting.
Pending home sales are strong, and home-improvement retailers are busy.
Favorable readings on economic activity and housing should translate into stock gains.
RealMoney Pro contributor Chris Versace says homebuilder stocks have already bounced off their recent lows and the risk-to-reward ratio in playing them is improving.
TheStreet's Jim Cramer says the building permits number is "terrific" and is the number he cares about because it provides information about the future of the housing market.
After U.S. housing starts saw their biggest drop in almost three years in January, likely weighed down by the harsh winter weather, another bad number is mostly likely in store.
Healthcare, energy and technology have led the way as the market is back to flat on the year, following a 6% decline, while the consumer space has underperformed.
The vast bulk of S&P 500 outlooks are undershooting consensus.
Masco and Armstrong should realize their upside in an improving housing market.