NAIL Stock Recent News
NAIL LATEST HEADLINES
The longtime barometer of wood prices and building activity is being replaced with a new lumber-futures contract in an effort to boost trading.
When it comes down to it, lumber is at the core of my research. It's now been eight years since my original research paper talked about the relationship between lumber and gold and how its predictive nature could help mitigate portfolio risk.
The month of April was marked by huge volatility. Though recession fears continued to weigh on investors sentiment, cooling inflation and better-than-expected earnings drove the stocks higher.
Wall Street offered a moderate performance last week. On a positive note, there were upbeat big tech earnings and on a negative note, there were renewed regional banking crisis.
Wall Street offered a flat performance last week.
Wall Street experienced moderate optimism, as the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 posted modest gains. Earnings from a few big banks came in upbeat.
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Storage REITs are the best-performing property sector this year after lagging in late 2022, lifted by surprisingly solid earnings results and a thawing of the previously icy-cold housing market. Storage demand is driven largely by housing activity – specifically, home sales and rental market turnover - and the recent moderation in mortgage rates has eased concern of a deepening housing recession.
Buffeted by housing market headwinds and tailwinds, lumber has made headlines as one of the most volatile commodities of recent years. What conditions in the broader economy have impacted lumber prices in recent economic cycles, and what does recent housing-starts data portend for this bellwether commodity?
We highlight a bunch of the best-performing leveraged equity ETFs from different corners of the market that are leaders in their respective segments.