Norah Mulinda on Housing Sector Stocks

The video discusses the current trends in the housing market, highlighting the influence of the Federal Reserve's decisions and the performance of home building stocks. It features insights from Bloomberg reporter Nora Melinda on the optimal position of home builders despite recent rate hikes. The discussion covers key themes for the upcoming earnings season, such as orders and gross margins, and examines the pricing power and market dynamics affecting home builders. The video also touches on the seasonality of housing stocks and their resilience in the current market.

What did Fed Chair Jerome Powell indicate about the housing market?

• It is expected to decline.

• It is moving up a bit.

• It will remain stable.

• It is highly volatile.

Which two key themes are investors focusing on during the upcoming earnings season for home builders?

• Revenue and net profit

• Orders and gross margin

• Debt levels and cash flow

• Market share and dividends

What did Lennar indicate about their gross margin for the first quarter?

• It would remain unchanged.

• It would be the lowest of the year.

• It would be the highest of the year.

• It would be unpredictable.

How have home builders adjusted their strategies in response to high mortgage rates?

• They have reduced incentives.

• They have increased incentives.

• They have stopped selling homes.

• They have lowered home prices.

What is the current trading status of Lennar according to the discussion?

• Trading at a record low

• Trading near a record high

• Trading at an average level

• Trading has been suspended