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Fiscal Cliff Looms, But Many Stocks Marked Down for the Holidays (DHI, BZH, GILD, JEF, LUK, SRPT, STSI)

Posted by Geoff Seiler at 4:48PM on November 12th

Stocks traded virtually flat on a relatively quiet day on Wall Street. The housing sector, which had seen signs of bottoming, took a hit after two homebuilders were out with cautious comments today. Meanwhile, the fiscal cliff remains the biggest…

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Homebuilders Surge on Pending Sales Data (HOV, PHHM, LEN, MTH, RYL, NVR, DHI, TOL)

Posted by Jason Smith at 12:20PM on December 2nd

Traders focused on positive housing data on Wednesday, lifting the Dow by triple digits and sending homebuilders soaring by as much as 7%. This morning, the National Association of Realtors reported that pending home sales surged by 10.4% in October,…

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Homebuilders Rally Despite Disappointing Data (MHO, RYL, BZH, LEN, NVR, DHI, BHS, KBH)

Posted by Jason Smith at 12:43PM on September 24th

August new home sales came in at an annual pace of 288,000, which matched July’s sales rate and missed the economist consensus for an improvement to a rate of 295,000. TD Securities economist Eric Green told Bloomberg, “There is no…

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Pros’ Top Homebuilder Bets (NVR, DHI, TOL, LEN, BZH, HOV, PHM, KBH)

Posted by Owen Vater at 9:26AM on August 25th

Recent housing data has put the homebuilding sector in focus, and with the deadline for second-quarter Pro disclosures behind us, the Street is now privy to some fresh holdings data from Wall Street’s top money managers. As of Tuesday’s close,…

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Homebuilders Rally Despite Data (SKY, BHS, BZH, MTH, DHI, PHM, TOL)

Posted by Jason Smith at 2:13PM on August 17th

It’s been a rocky summer for the housing sector, but a day after the National Association of Home Builders/Wells Fargo confidence index fell to its lowest since March of 2009, stocks are rebounding by as much as 5%. Today’s homebuilder…

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Largest U.S. Homebuilder Returns To Profitability (PHM, SKY, BZH, TOL, DHI)

Posted by Jason Smith at 10:07AM on August 4th

After a 25-quarter losing streak, PulteGroup Inc (PHM) finally turned a profit. The largest U.S. homebuilder earned $76.3 million or 20 cents per share in the three months ended June 30, compared to a loss of -$189.5 million or -74 cents…

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Homebuilders Bounce As Traders Digest Housing Data (KBH, LEN, TOL, DHI, NVR, PHM)

Posted by Jason Smith at 3:36PM on July 20th

Before the opening bell on Tuesday, the Commerce Department announced that U.S. housing starts slipped by -5% in June to their lowest level since October of 2009. According to coverage by Bloomberg, builders started working on 549,000 houses at an…

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Is The Market’s Rally Running Out Of Steam? (CVX, DHI, NDAQ, CVH, CSTR)

Posted by Jim Ambrosio at 4:54PM on April 30th

The rally started to show signs of running out of steam this week after a performance characterized by big swings up and down. The bulls could not keep the momentum from the last two days going today and stocks declined…

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Homebuilders Rally Despite Record Low February Sales (PHHM, LEN, HOV, TOL, BZH, DHI)

Posted by Jason Smith at 1:49PM on March 24th

February new home sales were down by -2.2% to a new record low according to a Commerce Department report this morning, but investors are bidding up homebuilders across the board. The decline came as a surprise to analysts, who expected…

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Despite Second Daily Pop, Correction May Still Be At Hand (UPS, WHR, DHI, ANN, MHO)

Posted by Jim Ambrosio at 4:48PM on February 2nd

Stocks rallied for a second-straight day, bouncing back from last week’s declines. Corrections are part of a healthy market and aren’t all that uncommon, and after huge gains from the market’s lows, we think we could be in store for…

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