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Stocks add to losses following disappointing new home sales (January revised lower as well)....

Mar. 23, 2012 10:14 AM ETQQQ, SPY, DIA, IVV, IWM, VNQ, IYR, IJS, VTI, IVE, XHB, PSQ, SH, DOG, SSO, QID, SDS, PFF, TNA, TZA, VXX, SPXUBy: Stephen Alpher, SA News Editor4 Comments
Stocks add to losses following disappointing new home sales (January revised lower as well). Builders certainly can't blame the weather or mortgage rates. Scott Barber points out NAHB optimism isn't yet being confirmed by better data on sales. S&P 500 -0.4%, Nasdaq -0.6%.

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