Lumber prices have lost ground over the last six weeks, with prices down 17% off their March 14 highs. This puts futures into oversold levels, and the price seems to be finding support just under $330 ...
Homebuyers across the nation are up against one of the tightest housing markets in modern history. It's so hot that even amid a pandemic, median home prices are up 16% over the past year. Building ...
Lumber prices are influenced by interest rates, which impact mortgage rates and new home construction. Weyerhaeuser Company is a real estate investment trust that benefits from stable to rising lumber ...
Lumber Liquidators has seen some excellent growth and just posted a solid quarter. The company is poised to open several new stores and it is a Zacks Rank #1 (Strong Buy), it is the Bull of the Day.
Lumber's focused bull opportunity produced a 17% annualized return for the bulls from the second week of March to third week of November (see Matrix below). This opp recorded an impressive 397% ...
Lumber futures took a dive yesterday, right after they hit a new all-time high. The much sought-after commodity lost almost 4% of value, ending an uninterrupted 14-day run higher. Still, the ...
Lumber is a highly illiquid futures market, making trading, investing, and hedging challenging. The lack of volume and open interest causes offers to sell to disappear during rallies and bids to buy ...
Lumber futures fell as much as 3% Wednesday to $860.70 per thousand board feet. Lumber prices are trading nearly 50% below their May 10 peak of $1,711 per thousand board feet. Last week, Fed chair ...
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