Aug. 22 at 3:14 PM
As I mentioned yesterday, the market was widely positioning into housing stocks prior to Powells speech. The line about lowering interest rates being back on the table is what did it. So far, Freddy and Fannie only ones to stay quiet!
$OPEN 19% overnight, calls up a grunt ton more
$UHG 8% overnight and still undervalued
$HOUS 6% overnight and setting new year highs after last ER beat
$DFH 11% overnight and the sky’s the limit this year. They sell at least
$1MIL of houses a week in Fort Collins CO alone. Idk about their other spots.
$FMCC time to get some action bud 👀 your friends are leaving you behind.
