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Housing Starts Shine Light on 2 Homebuilding Stocks
Schaeffers Investment Research· 2025-08-19 18:32
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 ...
Can This Chip Stock Topple Technical Resistance?
Schaeffers Investment Research· 2025-03-26 17:01
Group 1 - The current Schaeffer's Volatility Index (SVI) for Broadcom (AVGO) is 41%, indicating low option premiums, which presents a favorable opportunity for buyers [1] - Historically, after similar trading conditions occurred six times in the past three years, AVGO stock was higher a month later 50% of the time, with an average gain of 10%, suggesting a potential price target just above $199 [1] - AVGO is currently trading within one standard deviation of its 200-day moving average, a condition that has historically led to gains [2] Group 2 - AVGO shares have decreased by 3.9% recently, marking a third consecutive daily drop, and have dropped 21.5% so far in 2025, although they still show a year-over-year increase of 36.6% [3] - A historically bullish signal is indicating that AVGO could soon experience a rally, suggesting a potential rebound from a bullish trendline [3]