NYSEARCA:NAIL
DIREXION DAILY HOMEBUILDERS & SUPPLIES ETF News
$119.60
+0.0500 (+0.0418%)
At Close: May 17, 2024
Best Leveraged ETFs of Last Week
09:02am, Monday, 14'th Nov 2022
Wall Street was upbeat last week. The S&P 500 logged best week since June, per CNBC.
High Mortgage Rates And High Inflation
04:53pm, Tuesday, 08'th Nov 2022
Mortgage rates have not been this high since before the housing crisis. And while the housing market is slowing, prices are still high.
Best Inverse/Leveraged ETFs of Last Week
09:02am, Monday, 31'st Oct 2022
Wall Street was upbeat last week as rates slumped on speculation that the Fed may slower rate hike momentum from December.
Lumber prices have defied a cooling housing market to climb 26% in October, but surging mortgage rates will keep a lid on further upside
02:48pm, Thursday, 20'th Oct 2022
"At 7% interest rates I wouldn't expect lumber to do much for a while," Ashley Boeckholt of MaterialsXchange told Insider.
Best Inverse/Leveraged ETFs of Last Week Up At Least 15%
09:02am, Monday, 10'th Oct 2022
Wall Street was upbeat last week. Cannabis and oil were the specific outperformers,
Direxion Daily Homebuilders & Supplies Bull 3X Shares (NYSE: NAIL) was surging more than 12% higher on Wednesday in an attempt to reverse course from its most recent downtrend that began on Aug. 1
Lumber prices drop back to pre-pandemic levels
04:41pm, Tuesday, 27'th Sep 2022
Yahoo Finance reporter Ines Ferre looks at the price action for lumber, which is down 64% year to date.
Lumber prices have dropped by more than 60% this year, and have room to fall even further
04:15pm, Tuesday, 27'th Sep 2022
Lumber prices have dropped by more than 60% so far this year, but don't count on a recovery soon. Higher interest rates and inflation will continue to slow demand for single-family homes.
Lumber Prices Plunge as Higher Rates Hit Home Buyers
02:58pm, Tuesday, 27'th Sep 2022
Lumber prices have dropped by more than 60% so far this year, but don't count on a recovery soon. Higher interest rates and inflation will continue to slow demand for single-family homes.
Lumber prices fall to a new 2022 low as housing market cools and mortgage rates approach 7%
12:21pm, Tuesday, 27'th Sep 2022
Homebuilders like Lennar and KB Home are walking away from 19,000 residential land deals due to the soured outlook in the housing market.
Lumber falls after mortgage rates solidify their move above 6% amid hawkish Fed rate hikes
02:04pm, Thursday, 22'nd Sep 2022
"The lumber market continues to be in a state of overall malaise as buyers anticipate lower overall demand going forward," Sherwood Lumber told Insider.
Which Industries Are Impacted The Most By Lumber Prices?
11:24am, Wednesday, 21'st Sep 2022
The price of lumber skyrocketed in 2021 when folks spent more money on DIY home improvement projects, unable to travel and dine out. Now that the cost of lumber has decreased somewhat, let's look at t
Lumber prices fall as US mortgage rates top 6% for the first time in 14 years
12:20pm, Wednesday, 14'th Sep 2022
Lumber prices fell 6% on Wednesday after rallying earlier in the week amid fears that a possible rail strike could disrupt supplies.
Lumber prices defy the most recent surge in mortgage rates to extend 3-day rally to 10%
03:09pm, Friday, 09'th Sep 2022
"If interest rates get to 6.5% the waters will get very choppy," a Tampa home builder told John Burns Real Estate Consulting in its August survey.
Lumber prices decline to a new 2022 low as Goldman warns housing market has further room to fall
12:49pm, Tuesday, 30'th Aug 2022
While Goldman Sachs expects housing to slowdown, it doesn't mean a deep recession will follow as it did during the last housing bust in 2007.
