Housing Stops

Lennar and Floor & Decor are facing heavy selling pressure as the housing sector's outlook darkens.

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Source: DepositPhotos

I’ve been a long-time proponent of shorting Lennar (LEN), as careful readers know. It is slowly but dutifully moving in the direction that God intended.

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I also shorted Floor & Decor (FND) yesterday, which is also acting in accordance with the will of Jesus.

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Anything to do with housing is doomed.

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