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Stocks Up on Good Housing Data

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  • Description

    FBN's Nicole Petallides on stocks moving the afternoon markets.

  • Duration 1:10
  • Date

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As we do at the top of the hour every fifteen minutes minimum penalties on the floor of the New York -- -- -- pretty decent housing is coming up.

We're talking about that later on the show -- it is helping names are doing really well that's right and they really are year to date.

Stellar -- mean KB home for example which just recently came out with its better than expected profits and recovery in the housing market will be great example it's up.

More than a 100% easily year to date so more than doubling in so many of these things -- 7080%.

Year to date and today it is tack it -- the whole 2012 gains.

I mean take a look here today you can see Hovnanian for examples of two point 6%.

And also DR Horton up one point 4% on the heels.

Of this case Shiller number what we saw that rise of one point 6% month of Vermont then and as you guys were noting that the top your -- stellar performance.

Six and a little shy of the estimates -- -- just shows gains in recovery there.

Let's take a look here at the Dow the NASDAQ and the S&P hear the S&P is up nearly four point sitting at the fourteenth sixty level.

Right now the -- and the NASDAQ Composite up 13.

Of 1% much like the Dow up 13 of 1% as well -- I think --

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