New Home Sales Highlight Softness (XHB, ITB, DHI, LEN)
The Commerce Department has just shown a report that new home sales for the month of September turned south. This may increase the call for that first time home buyer $8,000.00 tax…
The Commerce Department has just shown a report that new home sales for the month of September turned south. This may increase the call for that first time home buyer $8,000.00 tax…
The prior data out of the National Association of Home Builders had been improving for three consecutive months. New data for October came out today showing that the index slipped. The problem…
This morning’s July data for existing home sales, or used homes, posted another gain and this makes it the fourth consecutive month, according to the National Association of Realtors. This created more…
The Commerce Department’s data on new home sales did not just rise in June for a third straight month. The new home sales rose sharply. The headline number came in at an…
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 in June. …
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 put the…
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 Homebuilders (NYSE:…
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 looking to…
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 SPDR S&P…
Lennar Corp. (LEN-NYSE) reports earnings on Tuesday. The company is expected to post a sharp drop-off after the company had already withdrawn guidance. FirstCall has estimates at $0.05 EPS on very wide…
DJIA 13,352.05; (-8.21; -0.06%)S&P500 1,497.74 (-4.82; -0.32%)NASDAQ …
ETF Tickers: TLT, ITB, IEF Some stock traders claim to be spooked by the thought of higher rates. The two consecutive negative days were partially on this, but today was the mark…
ETF Tickers: SRS, SDP, SSG, SJH, SZK, SDD, SKK, SKF, SDS, SCC, SJL, FXI, PGJ, HRD, IIH, RWR, ICF, ITB, EZA, UNG What’s an easy way to tell when the market had…
Stock Tickers: OIH, DBB, ITB, UVT, GWL, URE, DUG, EZA, HHK, FBT, INP, EWZ, PGJ, CHN ETF WINNERS JUNE 4, 2007:Oil Services HOLDRs (OIH) …