|Day Low/High||63.19 / 65.30|
|52 Wk Low/High||41.22 / 68.88|
Here are several key things to keep in mind as we dive in.
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.
Chief Economist of Freddie Mac, Frank Nothaft reveals that the Midwest region, Texas in particular, leads the way in housing growth, while Florida, New Jersey and North Carolina show the most improvement.
TheStreet's Stephanie Link and Jill Malandrino review trends in the labor and housing markets and the sectors and stocks that stand to benefit.
Even as housing stocks approach oversold levels, data are actually firming across the board.
The Fed's monetary policy has not worked, and homebuilders' stocks should still be sold.
The end of the deduction could present buying opportunities.
LPL Financial wealth manager Gene Panasenko says the latest housing number is a positive to look at amid a raft of choppy economic data that has emerged in 2014.
Home prices rose slightly more than expected in December, according to the S&P/Case-Shiller index, while Home Depot reported a higher-than-expected quarterly profit.
Keith Bliss of Cuttone & Co. isn't so sure the weather is to blame for the reduced homebuilder confidence, and he will be watching Wednesday's housing starts report.
Here are the sectors that will see material gains and losses from heavy weather.
Long-term fundamentals look favorable, but we shouldn't overlook near-term concerns.
Measurement Specialties and the XHB have had strong runs, so ring that register.
These sectors are the places to be, even after yesterday's remarkable rally.
TheStreet's Jim Cramer is cautious of Lennar because the stock is closely tied to a taper of the Federal Reserve's quantitative easing program.
The continued growth in housing starts is a good sign for homebuilders in the new year, says Stocks Under $10 Portfolio Manager David Peltier.