Perhaps one way to get a read on where housing construction in the US is headed is to look at the companies who supply the lumber that goes into new construction. Louisiana-Pacific Corp. (NYSE:LPX)...
Beazer Homes USA Inc. (NYSE: BZH) was weak earlier because of its proposed secondary offering that will add to dilution of shareholders.  This morning the company’s secondary offering of...
Sometimes logic can’t be used when trading economic data and stocks.  The National Association Of Realtors report shows a drop of about 27% this morning for July’s existing home sales fell to a...
When the market is stable or when shares are strong, many companies choose to unload shares to raise capital. It may hurt the shareholders today but these moves can help grow a company down the road...
Despite a near-compulsive search for good news from the US housing market, nearly every story contains more than enough dismal news to outweigh whatever good news there is. Generally the news starts...
Source: ThinkstockWe have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with...
Kohl’s Department Stores (NYSE:KSS) is activating a solar rollout to its 63 California locations. Magnetek, Inc. (NYSE:MAG) has received orders from United Technologies (NYSE:UTX) for PCS-2C...
Stocks in homebuilders have been down so low for so long that almost anything look like up. Recent earnings releases have indicated that new orders are improving, but much of the improvement is...
For the second week in a row, the number of US mortgage applications rose, but the vast majority of the action came in refinancing, not new purchases. This spells continuing pressure on new home...
Slow day so far for 13Ds, but here are a couple of interesting 13G filings (passive investors): In a 13G filing after the close on Beazer Homes USA Inc. (NYSE: BZH), Ziff Asset Management disclosed...
Many stocks are on the move this morning, and not all from earnings.  The top day trader and active trader alerts are in American Capital, Ltd. (NASDAQ: ACAS), Beazer Homes USA Inc. (NYSE: BZH), BP...
The secondary floodgates are reopening it seems.  That’s a bull market for you.  We have shares or units reacting against many such filings today.  Those companies include Arena Pharmaceuticals,...
Just last week the Mortgage Bankers Association, MBA, released its forecast for mortgage rates and numbers for the rest of 2010 and 2011. The association expect 30-year mortgages to fall through the...
There are many active stocks this morning with big price changes for active traders and day traders to look over.  We are monitoring shares of AngloGold Ashanti Ltd. (NYSE: AU), Arena...
There are many pre-market movers this morning, and most are still from earnings but not all… Those on the move this morning include Beazer Homes USA, Inc. (NYSE: BZH), BHP Billiton Ltd. (NYSE:...