DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF News

Lumber prices fell as much as 6% on Monday to briefly trade below $1,000 per thousand board feet for the first time since late March. Lumber has been the talk of the commodities markets in recent mont

Lumber prices fell for the eighth straight day on Friday to near $1,000 per thousand board feet for the first time since March in a reprieve for ailing homebuilders and renovators. Lumber futures fell

The coronavirus pandemic has shifted how people conduct business and where they choose to live, resulting in massive disparities in both income and lifestyle. But while the period has been a challenge

Lumber industry veteran Kyle Little said it's sensible to delay building projects due to high wood costs. "We do see some relief over the next six to 12 months.

Lumber prices are rising, which could push housing prices higher and strengthen the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL). As the global economy continues to re-open, the de

The coronavirus pandemic's hit to manufacturers and its unique homebuilding and home-renovation boom have combined to catapult lumber prices to record highs. Investor's Business Daily has been helping

A late-day surge helped lumber prices avoid a seventh straight daily decline as the commodity's blistering 250% rally over the past year whipsaws. Prior to the recovery, lumber futures traded down 2.4

Lumber Futures: The Taming Of The Inflation Shrew

We highlight a few leveraged ETFs that shot up last week.

Sherwood Lumber COO Kyle Little told CNBC on Thursday he expects the hot lumber market to persist, keeping both prices and volatility elevated.

Lumber prices are going back up after a rough seven-day sell-off. Prices have fallen every day since lumber hit a record of $1,711 per thousand board feet on May 10.

Lumber prices have been on a tear over the past year, with futures rising more than 275% since May 20, 2020. Over the past eight days, prices have retreated nearly 30% in a reprieve for home builders,

Despite reporting record-low occupancy rates and rental rate spreads, mall REITs have been the best-performing property sector this year, riding the vaccine-driven reopening rotation to gains of more

The decline suggests supply-demand imbalances will normalize as the economy recovers, says Cornerstone Macro's Nancy Lazar. Rising wages offer a counterpoint to the temporary-inflation view.

Lumber futures are trading higher Wednesday for the first in eight days as buyers emerge following a bruising seven-day selloff that dropped prices by as much as 29%.