|Bid||51.45 x 2200|
|Ask||51.61 x 1200|
|Day's Range||51.35 - 53.17|
|52 Week Range||47.80 - 110.62|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||1.02%|
Based on the Modern Homebuyer Survey, almost half of the participants cited that the competition for home buying is decreasing, which could bode well for traders looking to leverage homebuilder ETFs like the Direxion Daily Homebuilders and Supplies Bull and Bear 3X Shares (NAIL) . The survey results showed that more than 50% of participants felt competition is thinning in areas like Colorado, California and New York. This could signal an impending shift from a seller's market to a buyer's market, which could force the hand of homebuilders to meet increased demand.
The decision on Wednesday by the Federal Reserve to raise interest rates 25 basis points, effectively raising the federal funds rate from 1.75% to 2%, did not bode well for homebuilder ETFs after the news. ...
The momentum that Wall Street enjoyed last month continues into June. This is especially true as Dow Jones recorded its biggest weekly gain since March to start the month, while S&P 500 and Nasdaq logged their third straight weekly gain. The Dow jumped 2.8% last week while the S&P 500 and the Nasdaq added 1.6% and 1.2%, respectively.Source: Shutterstock
Yee-haw! If you’re a Cowboy-type investor, then you’re probably looking to ride this crazy bull market till you get tossed. That’s my ridiculous way of saying that this bull market continues to blaze along, despite it being very long in the tooth. It is the second most expensive market in history, and is about 30% overvalued.
The number of building permits issued each month is a constituent of the Conference Board LEI (Leading Economic Index). The construction and housing industry (PKB) is a major job provider in the economy,…...
Over the past several, homebuilders stocks and the related exchange traded funds have been surging. That theme has spelled good news for the Direxion Daily Homebuilders & Supplies 3x Bull Shares (NYSEArca: ...
Braving all economic and political challenges, the U.S. stock market is scaling new highs, indicating that the second-largest bull run still has legs.