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That coming up in this -- let's go to call at least at New York Stock Exchange.
You know one of the biggest recipients of the benefits of all of this talk over the past -- try to get interest rates down a little bit have been home builders they have been.
Taking off pretty nicely and today was no exception right.
Right -- -- we watch them move that they've fluctuate based on what mortgage rates may be here other pieces of news Q -- But today another piece of -- showing that pending homes -- this.
-- -- at the highest levels -- about.
Sixty years and that gave them a nice and it's.
In the national bank of grease.
Taking a major hit today the cold is it your backyard what happened.
Right well in this case you know they had the short sale rule where they weren't and they put him and you couldn't short some of these banks stocks out of -- -- have been re instituting that and that could put pressure on.
Now they're -- we have somebody coming up Hussein did that financial should be avoided that they're due for.
A -- now but they have been doing very well in the past couple days again.
For the same reason homebuilders because of the cheap money they think is going to continue to flow.
Right and you know financials are doing very well but they're very volatile -- going to be interesting to hear what the reasons -- to thank.
Not to get in the group at this time that there are people think in the short term -- markets are headed higher but later in the later in the summer we maple back across the board financials and everything -- You know Nicole overlooking its financial right now looking at that group again the top sector 2012 but also you look at home dollars and David just brought that up -- -- -- -- -- of the closing bell talking about the fact that he's still think that the homebuilders have a lot of run the golf course he's the CEO of home builder but I -- -- very good points about interest rates and financing from banks that actually things are getting back.
Right and you know obviously made people think dad he's think probably at least that's good news for those.
-- -- all of closing bell on this Thursday.
We've had a market.
Nice uptick in the market after.
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