Market Currents

• Thursday, July 23, 2009

• 11:14 AM Homebuilder stocks are strongly higher after encouraging home sales data, and a solid quarter from Standard Pacific (SPF) yesterday afternoon. SPF +13%. LEN +7.8%. MHO +6.4%. MTH +6.3%. CTX +3.1%. PHM +3%. SPDR Homebuilders ETF (XHB) +4.3%. Comment!

• Tuesday, January 20, 2009

• 10:12 AM M/I Homes (MHO) is down after noting Q4 deliveries fell 47% to 554. Still, new contracts rose 5% to 339. MHO -5.2% to $10.13. Comment!