Lennar Corp âAâ (LEN) Builds single family attached and detached homes. With a focus on the middle class home buyer, Lennar is particularly vulnerable to souring national employment trends along with potential foreclosure supply issues. Also invests in distressed properties with the expectation of realizing a gain as economic trends improve. Another economic dip would extend the time required for these properties to yield a profit, meanwhile taxes and upkeep make distressed property a negative carry proposition. Trading at 1.8 times book value, and is vulnerable to a writedown of both its traditional home portfolio and the value of distressed properties. LEN broke a key support level at $24 early in June on high volume. A drift back up to the 50 EMA creates an attractive short entry point. Full commentary here...
anybody know of functions or proxy for US treasury? i dunno how to get the us treasury curve or chart of US GOVT debt. i dont wanna use ETFs. i have TOS.
------------ This! 27+ year full-time trader (position/swing/intraday); I outwork 95% of my competition and my edges are constantly {I mean constantly} being evaluated and re-evaluated on a weekly and bi-weekly basis. I don't want to trade anymore; I have to trade. It is more than just a career. It is what I do. I welcome the psychology movement~~more participants putting on positions. peace hedvig