Lots of calls for buying when they missed on revenues and are warning for next quarter. Those with power and of course influence have their money in the market. Those in the FED to the politicians and brokerages. So despite more printing of money out of thin air these folks will continue to get richer. Let me assure you that like for some special folks yesterday that got in early on the gold run these folks mentioned earlier will have sold their stock when the market does eventually tank. Overt corruption in the once great USA will receive what it is sowing. U can take that to the bank.
When the big boys have sold and then go short, the ride becomes steep. This is why the big boys make over 100 million a day just trader. They control what will happen. There are a few other things that they get fined for after continued overt behavior but those fines are really a small commission for the billions they make.
Couldn't get thru 20.60. Think it sells into end of day as housing starts will be down tomorrow. Not enough buyers in this stock today. They were able to sell it down easy this morning. We will see.
Big money shorts are still in control of DHI. MDC, MNO, RlYL, KBH, LEN all doing well today while DHI continues to languish. They have had very good earnings yet few buyers. Granted some time this will move up. It is still only a little more than 2.50 off the 52 week low and unable to make much headway.
Will need to break out of it's downtrend first. It has had great earnings the last 2 quarters yet it has sold off. Looking for the same think again. Len will give back much of it's gains also. Big money is short housing stocks. They move the markets which is why there are so many shorts. They will cover before you see any significant run up. Do not think that you will see that for some time..
They will eventually short TSLA. At present they are long TSLA. Just like they are short DHI. So TALA goes up and DHI goes down.
Have to love it. Good to be on the right side with the big money. Good news for homebuilders again but no worry of DHI participating. If they would fine these big brokerages for every time they colluded to control the market, they would be out of business. That is not going to happen as that is how gov't and wall street assure success for one another so one might just as well trade in sync. Being a senator of congress person is just a means to line their pockets.
Even if news good today homebuilders will go up a little only to be sold and shorted back down. LEN and DHI have had nothing but good news yet can not move up and stay there. Handwriting is on the wall.
Has been a nice consistent short from 35.50. For others it has from 36.50. Is in a nice downtrend that appears to be picking up. We will not be able to continue printing all this money just to keep the market up. We are nearing the end of this great bull run that has been made possible for the rich by the rich. Looking for downtrend in the market to pick up.
Unless you can know what they are doing stay out of the market. DHI has been making lots of money but when wall street talks fundamentals do not matter. If you make a wrong turn they will pull out their guns and shoot you. They are the police.