Category: Housing Stocks
The analysis published under this category are as follows.
Tuesday, June 01, 2010
Homebuilding Stocks Are in for a Nasty Surprise / Companies / Housing Stocks
By: DailyWealth
Tom Dyson writes: "You can't believe how screwed up things are down here... "
This weekend, I met up with a real estate expert, M, from South Florida. M specializes in REO. REO stands for "Real Estate Owned." Banks lend money to homeowners. Sometimes homeowners don't make their interest payments. The bank kicks the owner out and seizes the property. In the industry, they call this repossessed, bank-owned property "REO." The government is the nation's biggest holder of REO. M says the government owns 80% of the properties he deals with.
Tuesday, April 20, 2010
Sell the Homebuilders into Strength as SPX 500 Tests Highs / Companies / Housing Stocks
By: Richard_Gateway
As the SPX 500 rallies from the shallow correction Autobottrading.com warned of on April 15, the homebuilders are also trading higher, to levels where risk for investors is great. The Philadelphia Housing Sector Index ($HGX) has breached this year’s highs and is up, as of this writing on April 20th, over two percent. Despite the bullish price action, the sector is reaching very long term resistance levels which will likely halt and reverse the bullish advance which began last March. Autobottrading.com advises investors, long term position traders, and swing traders to use this strength to exit positions in the housing sector.
Sunday, April 04, 2010
Critical Juncture for U.S. Housing Market, Gold / Housing-Market / Housing Stocks
By: Clif_Droke
Let's turn our attention to real estate for a minute. The thorn in the economic recovery's side, after all, has been the mortgage market. Investors are worried that with so many mortgage holders under water, the hoped for economic reversal has no chance to stick. Debt relief has been a paramount concern since the credit crisis began, and rightfully so. Yet it has been elusive. Lenders have stubbornly held off in offering anything in the way of substantial relief to the legions of debtors who could use a break.
Wednesday, March 17, 2010
Nothing Performs Better in Times Like These Than Real Estate REITs / Stock-Markets / Housing Stocks
By: DailyWealth
Dr. Steve Sjuggerud writes: Darn it. I should have known better...
Sunday, August 16, 2009
Searching For Financially Sound Property Market Equity REITS / Housing-Market / Housing Stocks
By: Richard_Shaw
Equity REITs have made a strong move lately. We have expressed our doubts about the wisdom of that move (Are REITs Ahead of Themselves?), and wonder about the quality of the underlying trusts.
Wednesday, July 08, 2009
Upside Ahead for SRS UltraShort Real Estate ETF / Stock-Markets / Housing Stocks
By: Mike_Paulenoff
The ProShares UltraShort Real Estate ETF (NYSE: SRS) three-month pattern shows the price structure climbing into a key resistance plateau between 22.50 and 23.40, which if hurdled should trigger upside continuation towards 25.00 initially, and then to 29.00 possibly thereafter. My sense is that a powerful upmove in the SRS will reflect a renewed perception of deflation that is driven by the commercial real estate sector this time around. In any case, as long as 21.15 contains any significant pullback, I want to attempt to build a long position.
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Monday, January 05, 2009
Developing Base for Home Builder Stocks / Companies / Housing Stocks
By: Mike_Paulenoff
I view the Homebuilding Sector ETF (AMEX: XHB) chart pattern from October as a developing base that is maturing ahead of a counter-trend period that should propel prices above the December recovery high near 13.80 towards a confrontation with the declining 200 DMA, now at 17.48. Read full article... Read full article...
Monday, December 08, 2008
U.S. Homebuilders Stock Pulling Back from Peak / Stock-Markets / Housing Stocks
By: Mike_Paulenoff
The SPDR Select Homebuilders ETF (AMEX: XHB) has gone "red" now after hitting a first-hour high at 13.50 (which we noted on Dec 4 as our first target area), which happens to be 64% above the Nov 21 low at 8.21. The XHB represents the most beaten-down of market sectors (along with the financials), and led on the upside during the Nov-Dec upmove.Read full article... Read full article...
Wednesday, December 03, 2008
Homebuilders ETF Surges Higher / Stock-Markets / Housing Stocks
By: Mike_Paulenoff
The Homebuilders ETF (AMEX: XHB) appears to have established a significant low at 8.21 on Nov 21, and already has carved out what exhibits a bullish initial upleg from 8.21 to 12.24 (11/26). The pullback into yesterday's low at 10.32 has been reversed this morning, in a powerful surge that is nearing a retest of the 11/26 high, which if hurdled should trigger additional strength towards a confrontation with the declining 50 DMA, now at 13.83.Read full article... Read full article...
Tuesday, May 20, 2008
Home Depot Hammered by US Housing Market Slump / Companies / Housing Stocks
By: Mike_Shedlock
A weakening economy is hammering the home improvement retailers. Both Home Depot and Lowe's are feeling the slowdown. Home Depot's Net Falls 66% As Homeowners Cut Projects
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Thursday, March 20, 2008
Homebuilders ETF Approaching Resistance / Stock-Markets / Housing Stocks
By: Mike_Paulenoff
I need to give you a heads up on the Homebuilders ETF (AMEX: XHB), which is nearing a confrontation with major resistance between 22.7 and 23.30. Let's notice that the sharply declining 200 DMA at 23.09 is right in the middle of that range and presents a major test of the bottoming/recovery process in the sector. However, based on my near AND intermediate-term technical work, the XHB will hurdle the above-mentioned resistance zone on the way to 25.00.Read full article... Read full article...
Friday, December 14, 2007
Worst Over for Banks, Financials and Home Builder Stocks? / Stock-Markets / Housing Stocks
By: Mike_Paulenoff
This is a bottom-fishing expedition, but my technical work on the Home Builders ETF (AMEX: XHB), sentiment, and the relatively strong action in Citigroup (NYSE: C) today despite continued bad financial press questioning its capital base, its breakup value, and the efficacy of its new leadership team all suggest that the "worst" names within the worst sector are about to recover. Read full article... Read full article...