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This homebuilder has roared past resistance.
Shares of Los Angeles-based homebuilding company KB Home tumble Thursday on lowered fourth-quarter guidance.
Texas-based homebuilder D.R. Horton Inc. is expanding operations in the U.S. by buying privately held Westport Homes for $190 million in cash.
The U.S. housing market remains a key weak spot in an otherwise booming economy, with rising rates holding back demand and a slump in new building keeping supply at bay, and could be big drag on consumer spending and sentiment heading into next year.
Stocks ended mixed Thursday afternoon after the Fed left interest rates unchanged but left open the likelyhood of a rate hike in December.
The largest U.S. homebuilder by volume reports strong earnings though warns it is seeing signs of 'moderating' demand.
U.S. stock futures are lower following a Wall Street rally that came after the midterm elections played out pretty much as expected; Tesla appoints a new chair to replace Elon Musk; Google plans a majors expansion in New York, says a report; Square tumbles on a disappointing forecast.
Home prices continue to increase - but the pace of gains appears to be slowing, according to housing report.
Jim Cramer and Bob Moreno say there are ways to make money no matter what the Fed does with interest rates.
The stocks that performed well were the stocks that you would reach for in a recession.
The most recent short interest data has been released for the 08/31/2018 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.
Now there's no real crisis here. I think that money's still being spent, it's just being spent a different way.
This play on Home Depot could net you a gain.
The housing always has been regional, which makes it dicey to judge where it is headed from any one company.
Looking for plays in the housing sector? D.R. Horton may be worth a look after a recent beating.
Cramer, talking with Larry Kudlow, says the U.S. economy is good, but investors don't want to own any company that does a lot of business in China.
How can this be? Let's take a look at the camps so we can figure it out.
A hawkish Fed statement pushes bond yields higher. Here's what else is flinching following the central bank's rate hike.
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