Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Above Their 200 Day Moving Average
MNV
MNV
MNV
MNV
MNV
MNV
MNV


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
MNV Backgroundemail friendsEmail Friendsembed / linkEmbed VideorssRSS Feed standaloneLaunch Standalone Player
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteVF is an awesome community of bright, serious, passionate
and involved individual investors.
more testimonials »

Sector Wrap: Homebuilders, Logistics, Gold Miners
Thursday, June 10, 4:19 PM ET

The markets remain volatile this week as the mess in the Gulf of Mexico still dominate the headlines. BP continues its efforts to contain the spill as a relief well is being drilled, but pressure is mounting on the stock. The US government is calling for the company to suspend its dividend to ensure every possible dollar goes towards the clean-up effort and the legal claims, but the company has held its ground stating that the dividend is secure. On the week, the Dow has gained 1.7%, the S&P has added 1.1%, but the Nasdaq is heading lower, off about 1%.

Despite the negative headlines, analysts are finding bright spots in the home building sector. Stifel Nicolaus upgraded shares of PulteGroup (NYSE:PHM), DR Horton (NYSE:DHI) and MDC Holdings (NYSE:MDC) from sell to hold, citing valuation. The firm believes the markets are undervaluing these homebuilders as the economy is on the right track, but it did adjust its EPS estimates lower for 2010.

The iShares Dow Jones Home Construction ETF (AMEX:ITB) is trading lower on the week by 1.5%, despite today's 3% move up.

Another positive sign about the economy is coming from the logistics sector. Investment firm Baird expects CH Robinson Worldwide (NASDAQ:CHRW) to begin expanding it margins and picking up market share over the next few quarters. And FedEx (NYSE:FDX) has increased its quarterly dividend by more than 9% this week as management remains optimistic over the direction of the economy.

The strong move in the markets on Thursday has pushed the iShares Dow Jones Transportation ETF (AMEX:IYT) into the green as the ETF is up 3% today and 1.5% this week.

And despite the improvements to the macro economy, investors continue to seek shelter with gold. The spot price spiked above $1250 per ounce on Monday, but has since retreated. While the SPRD Gold Trust (AMEX:GLD) is only even on the week, the Market Vectors Gold Miners ETF (AMEX:GDX) has gained more than 3%. Components of the ETF that are helping the most include Newmont Mining (NYSE:NEM), Barrick Gold (NYSE:ABX) and Goldcorp (NYSE:GG).

While the Market Vectors Gold Miners ETF is up on the week, its trading close to even today as the gold miners are not participating in the market rally.

For MarketNewsVideo.com, I'm Sayoko Murase.

Sector Wrap:  Homebuilders, Logistics, Gold Miners picture
Monday 6/29 Insider Buying Report: GTE, FGPMonday 6/29 Insider Buying Report: GTE, FGP
Related symbols: GTE,FGP
Friday 6/26 Insider Buying Report: RHFriday 6/26 Insider Buying Report: RH
Related symbols: RH
Thursday 6/25 Insider Buying Report: ALL, RATEThursday 6/25 Insider Buying Report: ALL, RATE
Related symbols: ALL,RATE
10 Bargains You Can Buy Cheaper Than Insiders Did
Top Ranked Dividend Stocks With Insider Buying
10 Stocks Crossing Below Book Value
10 Oversold Stocks You Need To Know About
10 Stocks Crossing Above Their 200 Day Moving Average
10 Stocks Crossing Below Their 200 Day Moving Average
The 10 Most Popular Large-Caps in ETFs
The Top 10 DividendRank'ed DJIA Components
S&P 500 Movers: GCI, APHS&P 500 Movers: GCI, APH
Related symbols: GCI,APH
Nasdaq 100 Movers: SPLS, DISCANasdaq 100 Movers: SPLS, DISCA
Related symbols: SPLS,DISCA
Dow Movers: JPM, PFEDow Movers: JPM, PFE
Related symbols: JPM,PFE
S&P 500 Analyst Moves: GGPS&P 500 Analyst Moves: GGP
Related symbols: GGP
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: UNHDow Analyst Moves: UNH
Related symbols: UNH
S&P 500 Analyst Moves: MYLS&P 500 Analyst Moves: MYL
Related symbols: MYL
Monday Sector Laggards: Oil & Gas Exploration & Production, Advertising StocksMonday Sector Laggards: Oil & Gas Exploration & Production, Advertising Stocks
Related symbols: SD,MHR,IDI,COUP
Monday Sector Leaders: Gas Utilities, Cigarettes & Tobacco StocksMonday Sector Leaders: Gas Utilities, Cigarettes & Tobacco Stocks
Related symbols: PTXP,NJR,XXII,UVV
Friday Sector Laggards: Semiconductors, ComputersFriday Sector Laggards: Semiconductors, Computers
Related symbols: MU,ANAD,HILL,ANET
Monday's ETF with Unusual Volume: DHSMonday's ETF with Unusual Volume: DHS
Related symbols: DHS
Monday's ETF Movers: XLU, XOPMonday's ETF Movers: XLU, XOP
Related symbols: AEP,ED,SD,MHR,XOP,XLU
EEM, AND: Big ETF OutflowsEEM, AND: Big ETF Outflows
Related symbols: EEM,AND,BAP,DPW,BCH,BSAC
Daily Dividend Report: T, AYI, CHS, WAYN, PBHCDaily Dividend Report: T, AYI, CHS, WAYN, PBHC
Related symbols: T,AYI,CHS,WAYN,PBHC
Daily Dividend Report: DTE, MAS, SNX, APOG, PIR, APDaily Dividend Report: DTE, MAS, SNX, APOG, PIR, AP
Related symbols: DTE,MAS,SNX,APOG,PIR,AP
Daily Dividend Report: FCX, WOR, LMT, CPB, CLC, WGLDaily Dividend Report: FCX, WOR, LMT, CPB, CLC, WGL
Related symbols: FCX,WOR,LMT,CPB,CLC,WGL
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: June 26, 2015Weekly Market Wrap: June 26, 2015
Related symbols: MU,INTC,BAC,LMT,CPB
Weekly Market Wrap: June 19, 2015Weekly Market Wrap: June 19, 2015
Related symbols: BAC,AAPL,GE,MSFT,GE
Weekly Market Wrap: June 12, 2015Weekly Market Wrap: June 12, 2015
Related symbols: BAC,AAPL,TWTR
Week Ahead Market Report: June 8, 2015Week Ahead Market Report: June 8, 2015
Related symbols: BAC,FTR,AAPL,INTC,MNKD
Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
Related symbols: BAC,AAPL,VALE,T
Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
Related symbols: BAC,AAPL,MSFT,ICLD,NOK
All videos » |  Stock market definitions »
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Message Boards Stock Market Definitions
MNV

Sector Wrap: Homebuilders, Logistics, Gold Miners | Market News Video | Copyright © 2008 - 2015, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.