Jul. 28 at 2:15 PM
$QXO $HD $LOW $LPX $FAST new house builders up too, TOL PHM DHI. Why are all these stocks up? Certainly they do not signal any round of interest hikes going forward from the Warsh FOMC.
An AI system's pablum on this: When this group trades in tight tandem, it reflects a thematic macro trade — investors rotating into housing, remodeling, and construction suppliers on expectations of lower interest rates and resilient building demand.
