The big money has been shorting home builders. They are not the sellers. They sold and went short a month and a half ago. It looks like they are still shorting with DHI being picked on a little more, Actually the news on DHI was good with the debt rating being raised. Len beat big and after gap up they took it back down. It is not the fundamentals it is the collusion and the manipulation. They could take these home builders much lower. SEC turns a blind eye. How many years did they do it for Bernie. The SEC should be in jail also.
TOL, seller of higher priced homes has been doing better in the past week, and LEN in between. Maybe the thought is higher priced home buyers will be less affected by higher interest rates since they can afford it. IMO, the whole recent interest rate thing is way overblown, the Fed has no interest in crashing the system, DHI should undo their recent underperformance.