|Day Low/High||42.24 / 42.50|
|52 Wk Low/High||37.14 / 51.58|
Homebuilder sentiment is stable and strong in November, but the charts for homebuilders are mixed. Here's how to trade them.
Not right away, at least, and that won't help the housing market.
The market consensus has flipped from disaster to euphoria. Opportunities still exist.
The most recent short interest data has been released for the 10/31/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
With the election likely resulting in status quo, the housing market should continue to improve.
Is there a housing recovery? The charts of the construction industry exchange-traded fund cast doubt, and that can affect lending banks down the road.
Lennar California Coastal is excited to Grand Open their newest community of Sterling at Pacific Highlands Ranch, on Saturday, October 29 th at 10 a.
Home Depot, Lowe's, D.R. Horton and Lennar have been top performers for most of the housing recovery, but their stocks seem likely to dip.
Northern Nevada's largest homebuilder Lennar will grand open two new home communities on Sunday, October 30 with a special ribbon cutting ceremony at 10 a.
Housing stocks like Home Depot and Lennar were hit hard, though their business prospects now appear bright.
Charts show homebuilder stocks are struggling on sluggish housing data.
Lennar is excited to Grand Open their newest Oro Valley community, Eagles Summit, on Saturday, October 22, from 11 a.
The exchange-traded funds for the construction industry and regional and community banks suggest that the housing recovery may have peaked at 60% of potential.
Relief over the Federal Reserve's slow-and-steady interest rate plan fueled another day of gains Thursday, pushing the Nasdaq to a record close for the second session in a row.
Stocks hold in the green on Thursday as relief over a patient Federal Reserve fuels market gains.
Stocks rise Thursday as relief over a patient Federal Reserve fuels market gains.
Stock futures move higher on Thursday as relief over a patient Federal Reserve fuels market gains for a second day.
Lennar (LEN) said on Thursday that it would buy WCI Communities (WCIC) for $643 million in cash and stock.
- Cash and stock consideration represents a premium of approximately 37 percent for WCI Communities stockholders
Homebuilder sentiment gained five points in September, while single-family housing starts slumped in August. Here's how to trade stocks in the sector.