Housing Market Review (October, 2019) – Home Builders Wavering At the Edge of the Moment of Truth

Housing Market Intro/Summary The stocks of home builders are starting to fail their moment of truth. A Moment of Truth Looming Ever Larger On October 25th, the iShares Dow Jones Home Construction ETF (ITB) hit a 21-month high that coincided exactly with a major multi-year peak and post-recession high from January, 2018. The sellers showed … Read more

M.D.C Holdings Earnings Provide More Insight on Housing Market But Fail to Impress

(This is an excerpt from an article I originally published on Seeking Alpha on May 9, 2013. Click here to read the entire piece.) In November of last year, I identified M.D.C Holdings, Inc (MDC) as my second favorite pick for homebuilders for 2013. The main attraction was the sharp drop in short interest in … Read more