Posted by mastermind on 18th of Apr 2023 at 01:55 pm
I do think that you are ignoring sentiment, which is still
pretty negative, or cautious at best, amongst the general public.
But what I really don't get is the strength in housing related
stocks in the face of news about slowdowns in residential
construction. Homebuilders are all rocking today, but I was happy
to sell GRBK at my target of 36.64.
I do think that you
SPX 30 Updated View
Posted by mastermind on 18th of Apr 2023 at 01:55 pm
I do think that you are ignoring sentiment, which is still pretty negative, or cautious at best, amongst the general public. But what I really don't get is the strength in housing related stocks in the face of news about slowdowns in residential construction. Homebuilders are all rocking today, but I was happy to sell GRBK at my target of 36.64.
reason is supply and demand
Posted by RP on 18th of Apr 2023 at 03:07 pm
reason is supply and demand no inventory and 30 year mortgage rates dropped as well