US stock futures point to a higher open Tuesday morning, with the Dow looking to add to yesterday’s gain and the Nasdaq looking to recover from heavy selling. It is a divergence we had not seen this year to-date, but something to keep an …
BY a measure of market cap of common stock, Lennar is one of the top in homebuilders ... This also crushed the housing ETF: The SPDR S&P Homebuilders ETF (AMEX:XHB).
It seems to reason that when lumber prices are dropping, home builders become more profitable and their stock prices perform better ... Meanwhile, the SPDR S&P Homebuilders (ETF) (NYSE: XHB) has been on a sweet run. XHB was …
In fact, XHB has 34 single stock components, and the ETF is close to equal weighted. So, the mean performance of 34 single stocks is more than 100% gain in the past 16 months. Quite astounding. The chart of XHB has traced out a nice …
Its stock was down nearly 3 percent in the week as of ... McDonald predicts a big windfall for retailers such as Home Depot and Lowe's , housed in the XHB Homebuilders ETF , if Congress finalizes financial reforms in the next few weeks.
The news is also impacting the SPDR S&P Homebuilders (NYSE: XHB) on a lesser basis. Hovnanian (HOV) rose as the numbers were not as bad as expected. Imagine a -$1.50 loss for a $3.00 stock not being atrocious… The homebuilder …
As such, XHB avoids concentrations in any one stock, and avoids some of the potential pitfalls that may plague other ETFs in the Building & Construction ETFdb Category [see more info on XHB Fact Sheet].
The proportional weighting methodology puts each stock in XHB on a level playing field, which allows for smaller companies to have a more pronounced impact on the total return. This ETF charges a reasonable expense ratio of 0.35 …
With leeway for possible marginal new highs, the XHB looks primed to roll over. With yesterday's nasty drop of 4.4%, the stock knifed through the daily TD RefClose Down at $28.38, as well as the weekly TD RefClose Down at $28.21. To …
Investing in homebuilder ETFs ... is one of XHB’s largest holdings. ITB, too, owns names in the furnishings and even commodity chemicals, but the fund’s top holdings are homebuilders like D.R. Horton, Lennar Group and PulteGroup. …