Ian Wyatt: A new report out last month suggests that a housing recovery may be underway. And two exchange-traded funds (ETFs) have been riding the wave. Read more…
NYSE:ITB, NYSE:XHB
Don Miller: Analysts, government officials and certainly homebuyers are spending hours trying to figure out if we have reached the housing market bottom. Tuesday’s data would seem to suggest the bottom is a bit bumpier than most people think. Read more…
NYSE:ITB
Ian Wyatt: A week ago in this space I wrote about the improving forecast for the housing market and why now is a good time to invest in housing stocks. But there’s a much easier way to play the housing Read more…
NYSE:ITB, NYSE:XHB
Steve Mauzy: As someone who considers himself a contrarian, my interest is always piqued by alarmist headlines. Which is why I’m interested in housing. For the past two years, the sector has been a wellspring of head-for-the-hills Cassandraisms. Read more…
NYSE:ITB, NYSE:XHB
Stoyan Bojinov: Stocks are on a roll. Equity indexes climbed higher for a third day this week as bullish momentum kept the winning streak alive on Wall Street. Investors were cheerful to see Bank of America (NYSE:BAC) swing a fourth-quarter profit, although Morgan Stanley (NYSE:MS) on the other Read more…
NYSE:XHB
Stoyan Bojinov: Stocks lost steam on Thursday after investor confidence in the markets took a hit as JPMorgan’s earnings missed analyst expectations, sparking a sell-off in the financials sector. The Dow Jones Industrial Average and S&P 500 both finished the day in slight red territory, while the NASDAQ Read more…
NYSE:XRT
Eric Dutram: Although European events continue to dominate the financial headlines, American concerns are never too far removed from the front pages as the U.S. economy continues to sputter. Recent readings in the ISM index suggest that the economy is slowing down and may be Read more…
NYSE:XLY
Jared Cummans: As we make our way into September, investors are trying their best to pretend that August never happened. After last month saw a number of crushing blows to the economy, including a downgrade of U.S. debts and a two-year freeze on interest rates from the Fed, many ran Read more…
NYSE:XLY
US stock futures point to a lower open Tuesday after a powerful bounce yesterday. In the world of IBD that action constituted a follow-through day and we are now in a “confirmed uptrend”. What does this mean? It means the market has a new “fledgling rally”. This type of rally doesn’t always lead to a major bull run, but none have Read more…
NYSE:GLD, NYSE:SPY, NYSE:VXX
Sy Harding: Corporate profit margins are near record highs, usually a cautionary situation by itself. And Wall Street is forecasting still higher S&P 500 (NYSE:SPY) earnings ahead. Read more…
NYSE:SPY, NYSE:TBF, NYSE:TLT
Thus far, this week has been quite sour for investors, as markets have been reacting poorly to data from all around the world. With the dollar trending back and forth, commodities have taken a Read more…
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