Calling bottom, there's too much support at $54, I will be front running this now.
k
Hugging the 50 day average....watch out below!
T
Pure American market play. I follow lumber futures as a timber farmer and the price has never been this high. Housing is heating up and driving up demand. This has taken a bit of a dive but I think it could offer a decent return no matter what happens in China/Boeing/Caterpillar etc.
k
CFRA REITERATES SELL OPINION ON SHARES OF NVR, INC. 1:35 pm ET October 18, 2019 (CFRA) Print We raise our 12-month target by $400 to $3,600 using a forward P/E multiple of 16x our 2020 EPS estimate, just below its 3-year historic average at 16.5x. NVR has a premium valuation versus peers at 10.5x with a reputation as a leader in land development to just-in-time new communities. We raise our EPS estimates in 2019 by $10.00 to $212.00 and 2020's by $20.00 to $225.00, as NVR posts Q3 EPS of $56.11, a $4.59 consensus beat. NVR is a relative laggard to other top 10 builders. Even with the strong momentum of the U.S. housing market and higher demand for new homes, NVR realized only 3% revenue growth in Q3 2019, despite 11% new order unit growth, as NVR is selling more new homes in the lower-priced Southeast region (units +35%) versus the Mid-Atlantic (units -2%). Backlog value declined 7% YoY in Q3 2019, even though community count was nearly flat YoY at 473 communities. NVR's backlog value suggests it will lag most builders.
XHB is in MANIA stage now!!!!!!!
M
Double in 12 months
k
TOL is a huge TELL!! Great earnings....$49 in AH....down 2 straight days to $42!! XHB MACD line has crossed down.......this is going below $50 by end of Sept.
k
March 2006 high $46.39....January 2018 high $46.59.......TOPPED today at $45.88....machines took it right o the top. Pulte report tomorrow......look for a reversal in this OVER BOUGHT, OVER OWNED absurdly valued index to $42.
k
On 2/6/2006 this opened for trading....check the chart....right at where it traded then!!
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
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finance.yahoo.com
Y
XHB reached an all time high at 57.24
k
$46.58 was January 2018 high......rates going UP today....this is due for a correction....bought 80 November 15th, $46.50 puts for 66 cents/ea.
k
Thanks for those downgrades of PHM and KBH today......I had to take profits....hard to fight an insane market....got lucky and bought 20 more contracts at .70 this AM....sold at $11.0....exited the other contracts for a $4k profit.
k
Harvard director of home remodeling says the sector will SLOWWWWW/STALLLLL into next year.
k
retail sales drop to MIN US .3, but housing stocks go up....if people are not shopping, they are NOT buying homes!
Y
XHB reached an all time high at 58.33
Y
XHB reached an all time high at 56.01
k
Consumer confidence came in at 80....A SIX YEAR LOW.....Yippee, let's go buy a house even though we have NO CONFIDENCE in the Economy!!!!!!!!! Buying PUTS today....TOL reports after the bell tonight....of course they will beat.....but is the TOP in for Housing?
k
Rates moving up will stall this and then crater....near all-time highs....only place to go is DOWN! LOL...global slowdown says the IMF.....what do they know about inflating asset prices?
Y
XHB reached a 52 Week low at 28.30
k
30 year back above 3%....inflation is here....SELL THESE HOMES NOW!!! Higher rates = lower prices
k
Looks like a top at $35.5 -436.00.....short and long term.....I say short here and cover above $36 as a stop. I think this goes back to low $30's especially with government shutdown......lots of loans getting denied!!!
1:35 pm ET October 18, 2019 (CFRA) Print
We raise our 12-month target by $400 to $3,600 using a forward P/E multiple of 16x our 2020 EPS estimate, just below its 3-year historic average at 16.5x. NVR has a premium valuation versus peers at 10.5x with a reputation as a leader in land development to just-in-time new communities. We raise our EPS estimates in 2019 by $10.00 to $212.00 and 2020's by $20.00 to $225.00, as NVR posts Q3 EPS of $56.11, a $4.59 consensus beat. NVR is a relative laggard to other top 10 builders. Even with the strong momentum of the U.S. housing market and higher demand for new homes, NVR realized only 3% revenue growth in Q3 2019, despite 11% new order unit growth, as NVR is selling more new homes in the lower-priced Southeast region (units +35%) versus the Mid-Atlantic (units -2%). Backlog value declined 7% YoY in Q3 2019, even though community count was nearly flat YoY at 473 communities. NVR's backlog value suggests it will lag most builders.
XHB is in MANIA stage now!!!!!!!
https://finance.yahoo.com/chart/XHB#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%3D