This homebuilder has surged in expectation of a rate decrease. Here’s how to trade it moving forward.
Stock Update on Lenard Corp Lenard, a home builder based in Miami, is looking to capitalize on a recent shift in its fortunes after hitting a low in April. Since reaching a peak in September 2024, the stock has plummeted by 47%, but there are signs of a potential turnaround. Interest rates have significantly influenced […]
S&P 500 Daily Changes: Homebuilder Stocks Rise; Lockheed Martin Declines
Key Highlights The S&P 500 saw a slight increase of 0.1% on July 22, 2025, as earnings reports emerged, while investors braced for the significant tech revenue announcements ahead. Both Dr. Horton and Pultegroup exceeded their quarterly projections, leading to substantial gains in their stock prices. Lockheed Martin reported heavy losses tied to various programs, […]
US homebuilder sentiment unexpectedly rises to highest level since July
Payne Capital Management President Ryan Payne weighed in on the U.S. economy, arguing that Americans’ purchasing power will continue to “strengthen.” Builder confidence in the U.S. housing market jumped into surprising positive territory this month, jumping to its highest level since July, as more home buyers are attracted to new construction amid a continuing shortage […]
Homebuilder sentiment surges amid sharp drop in mortgage rates
In “Kabuto: Coast to Coast,” Redfin CEO Glenn Kelman analyzed the state of the housing market after mortgage rates soared above 7%. Trust among builders US housing market January was the second straight month of increases as high mortgage rates continued to fall. National Association of Home Builders/Wells Fargo Housing Market Index. Single-family housing market, […]