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Stocks are pausing with several important and uncertain events looming this week. The S&P 500 fell 0.3 percent between Friday, July 17, and Friday, July 24. It was the first decline in four weeks and occurred at the same level where the coronavirus correction...
This week's earnings featured a huge quarter from electric-car maker Tesla and several positive surprises in the housing space. TSLA's earnings and revenue beat estimates in the second quarter, despite coronavirus shuttering some factories. Its manufacturing practices...
Housing stocks are on the move as Wall Street looks for a rebound in the industry. The iShares US Home Construction ETF (ITB) is up more than 2 percent in the last week. That makes it one of the best-performing major industry exchange-traded funds (ETFs) over that...
Markets had their biggest rally since the start of the year today, led by an unexpected sector. Housing stocks ripped over 4 percent, more than triple the gain of the broader S&P 500. That landed the iShares US Home Construction ETF (ITB) at its highest level...
Last week we highlighted a rare green shoot in housing. Today it might have sprouted a little higher. Homebuilders, believe it or not, are the best-performing industry among dozens available on TradeStation's ever-useful RadarScreen comparison tool. Click here for a...
There was a rare green shoot in housing today. Mortgage applications for buying a home rose 7 percent last week (seasonally adjusted), according to the Mortgage Bankers Association. It was the biggest gain since an increase of 10 percent in mid-April. Another report...