D.R. Horton

Lennar

PulteGroup

Lowe's

Home Depot

Sherwin-Williams

Toll Brothers

TopBuild

Builders FirstSource

Direxion Daily Homebuilders & Supplies Bull 3X Shares

NAIL provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector.

Invesco MSCI Global Timber ETF

iShares Global Timber & Forestry ETF

As the price of lumber stabilizes, more volatility lies ahead, and three factors will keep the red-hot commodity in high demand.

3 factors will keep lumber prices elevated despite a multi-week decline, an economist says

After more than doubling in price last year, lumber futures have dropped to their lowest level of 2021, on track to suffer a third-straight monthly decline—potentially offering a “small window” for buyers to benefit from cheaper prices.

Commodities Corner: Why now might be the best time to buy lumber

Lumber's massive turnaround this year is just the start of a cyclical downturn for commodities. Lakshman Achuthan of Economic Cycle Research Institute explains.

Lumber's quick cooldown could be just the beginning for commodity market, according to one chart

By end of August and into September, the price of lumber could settle in a range between $350-$450 per thousand board feet, an analyst told Insider.

Lumber prices continue to fall, and are headed to as low as $350 by August, an analyst says

(Kitco News) - Lumber was one of the best-performing commodities this year, with many pointing to the price rally as a sign of accelerating inflation.

Lumber erases all 2021 gains, here's why deflation is the risk to watch, says Bloomberg Intelligence

Commercial construction may be fueling demand this time around as the US economy makes its way to a full recovery, an analyst said.

Lumber prices have rebounded sharply over the last 3 days after plummeting more than 50% from record highs

"I would not be surprised at all if we see the price continue to trail lower than $600 or below toward the year-end," Mace McCain of Frost Investment Advisors told Insider.

Lumber prices are on pace to plunge 45% in June after a record-breaking rally driven by homebuilding demand

Lumber futures have tanked 42% in June alone, on pace for its worst month on record back to 1978.

Lumber prices dive more than 40% in June, biggest monthly drop on record

Direxion Daily S&P 500 High Beta Bull 3X Shares

Bank of Montreal - MicroSectors U.S. Big Oil Index 3X Leveraged ETNs

Direxion Daily Retail Bull 3X Shares

We highlight a bunch of the best-performing leveraged equity ETFs from the different corners of the market that piled up more than 60% gains in the first half of 2021.

Best-Performing Leveraged ETFs of the First Half

Facing high costs for wood, home builders want the Biden administration to settle a long-running trade dispute over Canadian lumber imports. It won't be easy.

High Lumber Prices Bring New Urgency to Old Trade Fight

The price of a formerly cheap plywood substitute call oriented strand board has surged 97% since the start of the year.

The price of a plywood substitute that used to be cheap is hitting repeated record highs even as lumber's rally cools

Lumber prices are now trading nearly 50% below their May 10 peak of $1,711 per thousand board feet.

Lumber slips 5 to continue skid below $900 with the commodity in free-fall from May highs

NAIL – Direxion Daily Homebuilders & Supplies provides investors with leveraged exposure to the US housing market. Yet a drop off in demand coupled with a spike in input costs may provide headwinds.

Macro Data Appears To Put NAIL In Housing's Coffin

Lumber prices are falling in 2021 as the bubble surrounding the market pops and we've got all the details you need to know. The post Lumber Prices 2021: Why Are Lumber Prices Falling Now?

Lumber Prices 2021: Why Are Lumber Prices Falling Now?

United States Copper Index Fund

iPath Bloomberg Copper Subindex Total Return ETN

Lumber futures point to a price slide in the winter, while copper could fall 10% over the summer before rebounding, Saxo strategist Ole Hansen said.

Lumber and copper prices have further to slide as speculation dies down and supply catches up, a top commodity strategist says

The Fed says price spikes are transitory, but not everyone agrees.

Here's What Plunging Lumber Prices Tell Us About Inflation

Lumber future sank for the 10th straight day on Tuesday to as low as $944 per thousand board feet before mounting a mild recovery.

Lumber prices continue to slide as pandemic-driven boom wanes

For the past several months, commodities market commentary has been dominated by a once-prosaic material: lumber. The humble commodity, which is an essential input for most real estate construction, saw its price soar to historic highs just over a month ago.

The Inevitable Popping of the Lumber Bubble

Kyle Little, Sherwood Lumber's chief operating officer, argued on Tuesday that the price of lumber was pushed to an “unsustainable price point and now we're seeing a little bit of pushback from the marketplace” as prices continue to drop from last month's record high.

Lumber prices plunge, Sherwood Lumber COO explains what's driving the decline

Lumber prices fell as much as 6% on Monday to briefly trade below $1,000 per thousand board feet for the first time since late March. Lumber has been the talk of the commodities markets in recent months after surging prices caused issues for homebuilders and renovators. Now, prices are down for the an eighth straight day and are trading roughly 40% below their May 10 peak of $1,711 per thousand board feet.

Lumber prices sink below $1,000 for the first time since March, now down 40% since May's record high

Resolute Forest Products

West Fraser Timber Co. Ltd.

Lumber prices fell for the eighth straight day on Friday to near $1,000 per thousand board feet for the first time since March in a reprieve for ailing homebuilders and renovators. Lumber futures fell 5.61% to trade at $1,059.20 per thousand board feet on Friday.

Lumber prices fall for the 8th straight day to near $1,000 per thousand board feet for the first time since March

Invesco Dynamic Building & Construction ETF

The coronavirus pandemic has shifted how people conduct business and where they choose to live, resulting in massive disparities in both income and lifestyle. But while the period has been a challenge for many Americans, some homeowners are actually growing more affluent simply by owning a home, as prices continue to rocket this year.

What's the Prognosis for the Red-Hot Housing Market?

Lumber industry veteran Kyle Little said it's sensible to delay building projects due to high wood costs. "We do see some relief over the next six to 12 months.

Lumber executive sees further relief in sky-high prices, says delaying building projects makes sense

Lumber prices are rising, which could push housing prices higher and strengthen the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL). As the global economy continues to re-open, the demand for housing continues to remain elevated.

Will Rising Lumber Prices Translate to Homebuilder Strength?

A late-day surge helped lumber prices avoid a seventh straight daily decline as the commodity's blistering 250% rally over the past year whipsaws. Prior to the recovery, lumber futures traded down 2.41% to $1,237 per thousand board feet on Wednesday. Despite the rebound, the commodity is still down roughly 20% from its May 7 record high of $1,670.50 per thousand board feet.

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