Trend Watcher – Is Consumer Discretion an Oxymoron?
Joseph Gomez, Sr. Investment Advisor and Portfolio Manager Up until this Tuesday, the S&P 500 had closed in overbought territory (more than one standard deviation above its 50-day MA) every single day this year. The 1.5%+ decline on Tuesday moved the S&P 500 back into “neutral” territory for the first time in 43 trading days. While the .. read more
On March 11th, 2012,
posted in: Markets by Marcelo Perez Tags: Bullish Sentiment., homebuilders, LOW, Lowe's, ULTA Salon, US Dollar
Pulte and Centex to Merge
Via MarketWatch: BOSTON — Pulte Homes Inc. on Wednesday said it is buying Centex Corp. in an all-stock transaction that will create the largest U.S. home builder as the beleaguered industry tries to ride out the housing slump. The companies have agreed to merge in a $3.1 billion deal, including $1.8 billion of debt. Centex .. read more
On April 8th, 2009,
posted in: Markets by Marcelo Perez Tags: contex, home construction, homebuilders, m&a, merger, pulte homes
