Sears has breached the psychologically important $7 barrier again to levels not seen since late January. For those keeping track at home, it's almost back to where it was exactly two weeks ago! Almost.
This is great news for long-term investors who never gave up on the turnaround story. Much like an 18-wheeler which accidentally drives down a very long and very narrow dead end alley but miraculously manages to back up a few feet without taking damage, here it is! Woohoo!
Yes, sir. I never thought I'd say it. This turnaround story may have L'eggs. Next stop? Levels not seen since 1978? Keep the faith!
Newsletter: New Home Sales Decrease to 657,000 Annual Rate in January
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Today, in the Calculated Risk Real Estate Newsletter: New Home Sales
Decrease to 657,000 Annual Rate in January
Brief excerpt:
The Census Bureau reported...
2 hours ago