Of course it's not looking up, you nitwit. Housing construction for much of the United States is over for a number of years. The laws of supply and demand are way out of whack. And every time someone gets foreclosed on, they are effectively removed from the Demand pool. So, in the equation, you have effectively built a new home looking for a new buyer.
As for the stocks, you nitwit, they're the result of short-squeezes. Of course, if you actually PLAYED the market, rather than writing about it, you would know this.
Short Interest by Sector: Consumer Discretionary Leads [View article]
Short squeeze aside, you'd have to be nuts to drop money long on these sectors until there's some kind of serious modulation. The short money guys are probably smart money majors taking the elevator down.
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Latest | Highest ratedHousing Market Tracker: Homebuilders' Miserable Losses - Looking Up? [View article]
As for the stocks, you nitwit, they're the result of short-squeezes. Of course, if you actually PLAYED the market, rather than writing about it, you would know this.
Short Interest by Sector: Consumer Discretionary Leads [View article]
Short Interest by Sector: Consumer Discretionary Leads [View article]