The housing market is under scrutiny today, after privately owned starts for July came in well above analysts' estimates at an adjusted annual rate of 1.428 million, while building permits fell 2.8% from June and missed expectations. Despite the mixed data, Lennar Corp (NYSE:LEN) and Toll Brothers Inc (NYSE:TOL) are enjoying afternoon gains.LEN Breaks Above Technical ResistanceLEN was last seen 1.6% higher to trade at $133.52, following Friday's rally to its highest level since January. The stock sports a 2 ...

Core Viewpoint - Boeing Co's stock has seen a positive shift following an upgrade from BofA Securities, which raised its rating to "buy" and increased the price target significantly to $260 from $185, indicating strong potential for growth due to recent aircraft orders and easing trade tensions with China [1] Group 1: Stock Performance - Boeing's stock is currently up 1.3% at $209.80, reflecting a year-to-date increase of 19.4% [1][2] - The stock is nearing its 52-week high of $212.28, which was reached on May 29, and is approaching its first close above the $210 mark since February 2024 [2] Group 2: Market Sentiment - Despite the positive stock performance, options traders exhibit caution, as indicated by a Schaeffer's put/call open interest ratio (SOIR) of 0.97, which ranks in the 97th percentile of annual readings, suggesting a high level of pessimism among short-term options traders [3]