Wednesday, October 03, 2018 12:39:42 PM
As you all know, the leading home-builder stocks have been steadily declining as rates on the 10-year note continue to rise. Today, yields on the 10-year U.S. Treasury Note are higher by nearly 7.0 basis points to 3.125 percent. This move in rates has pressured the housing related equities.
One housing stock that has now caught my eye is Pulte Group Inc (NYSE:PHM). This stock has been declining lower since late January 2018 when it traded as high as $35.21 a share. Today, PHM is trading around the $24.00 area, so you can see how much it has fallen already. Traders and investors should now watch the $20.50 level for major chart support. This is where this stock broke out in January 2017 and will likely be defended again when retested.
Nicholas Santiago
InTheMoneyStocks
Recent PHM News
- PulteGroup Announces Quarterly Cash Dividend of $0.20 Per Share • Business Wire • 09/04/2024 07:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/29/2024 09:57:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/29/2024 09:50:51 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/28/2024 08:48:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/27/2024 06:00:37 PM
- Del Webb Heartwood in Savannah Area Introduces 55+ Amenity-Rich Lifestyle to Georgia’s Coast • Business Wire • 08/27/2024 12:32:00 PM
- PulteGroup’s Third Quarter 2024 Earnings Release and Webcast Conference Call Scheduled for October 22, 2024 • Business Wire • 08/27/2024 12:00:00 PM
- PulteGroup Honors Two Veterans with New Mortgage-Free Homes in Orlando • Business Wire • 08/26/2024 12:32:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2024 08:26:14 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 06:34:37 PM
- PulteGroup, Inc. Names New Chief Information Officer • Business Wire • 08/20/2024 02:13:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 08:24:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/05/2024 08:30:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/01/2024 09:01:24 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/01/2024 04:36:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/23/2024 08:08:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/23/2024 11:34:11 AM
- PulteGroup Reports Second Quarter 2024 Financial Results • Business Wire • 07/23/2024 10:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/22/2024 12:16:04 PM
- PulteGroup CFO Bob O’Shaughnessy Announces Plan to Retire in 2025 • Business Wire • 07/22/2024 12:00:00 PM
- Pulte Homes Announces First Utah Community in More than Twenty Years • Business Wire • 07/09/2024 02:12:00 PM
- PulteGroup Breaks Ground on New Master-Planned Ryehill Communities in Sugar Land • Business Wire • 07/03/2024 03:16:00 PM
- PulteGroup Continues its Support of Our Nation’s Wounded Veterans with the Donation of Three New Mortgage-Free Homes • Business Wire • 06/17/2024 12:00:00 PM
- Pulte Homes Announce New Townhome and Condo Community in the Heart of Fairfax, Virginia • Business Wire • 06/03/2024 01:17:00 PM
- PulteGroup, Inc. Announces Pricing for Tender Offers for Senior Notes • Business Wire • 05/31/2024 08:20:00 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM