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Posts related to ‘XHB’

Top Day Trader Alerts (JASO, GRMN, YRCW, JAZZ, MEDX, BMY, PETD, TOL, XHB, BRCM)

These are this morning's top day trader alerts and most active in price and volume.  We have more detailed analysis and data on price and volume with links through to ...
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Homebuilders Look Less Depressed in Survey (XHB, ITB)Homebuilders Look Less Depressed in Survey (XHB, ITB)

It looks like the NAHB survey of homebuilders are again feeling a bit "less-bad" than in recent surveys.  The survey for July shows a reading of 17, up from 15 ...
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Questionable Confidence Among Builders (XHB, ITB)

The confidence among home builders looked like it was creeping higher, but the most recent data from the National Association of Home Builders showed a decrease in June.  This drop ...
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Slightly Good News From Homebuilder Earnings (HOV, TOL, XHB)

Traders are lightly selling Hovnanian Enterprises Inc. (NYSE: HOV) and Toll Brothers Inc. (NYSE: TOL) after the two homebuilders reported earnings between yesterday's close and this morning's open.  The news ...
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Stat of the Day: 1 Million Foreclosures Already in 2009 (XHB)

The Center for Responsible Lending estimates that there have now been 1,000,000 foreclosures filed so far in 2009.  It also noted that the Mortgage Bankers Association's most recent data shows ...
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Notions of Housing Recovery Only Seem Relative To Price (XHB)

The Commerce Department data for April's new home sales looks good on the surface, but there are perhaps more problems than there are winners here.  On an annualized basis, there ...
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Pending Home Sales Show Great Comfort (XHB)

If you are an investor or a buyer in the market for a new home or if you are a homebuilder, there may be some good news after waves and ...
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Case-Shiller: Just Being Less Poor In Housing Prices (XHB)

There is some good news on the housing front, although this "good news" may only be a relative issue and we are having to go back to February in this ...
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Homebuilder ETFs Run On Housing Data (XHB, ITB)

The new home sales data is showing a very mixed bag, with a bit of a positive twist to it. We are seeing a run up in the SPDR S&P ...
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Looking for Next Homebuilder Merger? (DHI, TOL, NVR, MDC, LEN, KBH, RYL, MTH, HOV, MHO, SPF, XHB, ITB, PKB)

We won't bother telling you about the homebuilder merger this morning, because we already covered it once.  But in a down and out sector, you will see that traders are ...
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Pulte-Centex Create Major Homebuilder Merger (PHM, CTX, XHB)

Pulte Homes, Inc. (NYSE: PHM) is acquiring Centex Corporation (NYSE: CTX) in a stock-for-stock transaction valued at $3.1 billion, including $1.8 billion of net debt.  The deal has been unanimously ...
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Homebuilder ETF’s Hope This Is A Bottom (XHB, ITB)

There was another positive number on new home sales data for the month of February.  It looks like new home sales came in UP 4.7% at 337,000 annualized units.  The ...
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Ryland & Shrinking Homebuilder Credit (RYL)

You probably already figured that the increase in existing home sales was due to foreclosure, pre-foreclosure, and other distressed sales.  Today, Ryland Group Inc. (NYSE: RYL) had an interesting SEC ...
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Standard Pacific Looking To Raise Capital (SPF, XHB)

Standard Pacific Corp. (NYSE: SPF) is doing something some might not expect out of a homebuilder.  It filed to raise up to $600 million by issuing securities and debt to ...
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Did Homebuilders Finally Bottom? (DHI, TOL, LEN, CTX, HOV, BZH, XHB)

If you have been watching homebuilders of late, you'll notice a sharp disconnect between the headlines still coming out and the stock prices of many homebuilders.  The move today is ...
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