Housing market update – The highest mortgage rates in 20 years, the worst level of affordability since 1984 and increasingly tight household finances are starting to torpedo...
The NYSE FANG index is up +75% this year, approaching November 2021 highs But some stocks have flown under the radar and just set new all-time highs too InvestingPro Summer Sale is...
Despite Washington, D.C. dabbling with possible default, stocks spent much of May dressed in green for the season. Resilience was the theme, though the rally mainly reflected a few...
Lennar beat Q4 expectations but the stock is moving lower because of guidance. The outlook points to a sharp contraction in the home-building industry. This is bad news in the near...
The 60% / 40% benchmark portfolio’s YTD return, as of 12/9/22, was -16.24%. Here’s how the YTD returns have unfolded since 9/30/22:11/30/22: -12.81% 10/31/22:...
It was just a year or so ago that Wall Street pundits were touting a Golden Age for the homebuilders like Lennar (NYSE:LEN) and KB Home (NYSE:KBH). The combination of low-interest...
Lennar Corp. and KB Home beat quarterly earnings estimates yesterday After this year's massive sell-off, the housing sector is presenting an attractive risk-reward proposition with...
Fed rate hike, Powell comments to drive sentiment Nvidia stock is a buy ahead of its GTC conference Meta Platforms set for more losses amid ongoing headwinds Stocks on Wall Street...