[1]With Lumber prices plunging to 5 month lows, we have just one question for those buying homebuilder stocks as they push new highs - what are they building houses in this new normal?
Stocks disconnected once again...
[4]
but fundamentally this signals the homebuilders will be pulling back...
[5]
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/11402
[3] http://www.zerohedge.com/taxonomy_vtn/term/11361
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/04-2/20130502_lumber.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/04-2/20130502_lumber1.jpg