lennar corporation em braising that trend.ground in communities where having the family all in one roof is come on. casey stegall with our west coast news hub. >> reporter: i like when you said in the the tease, move over, grandma is moving in, after the real estate market hit rock bottom a couple of years ago, home builders were forced to get creative with ways to lure buyers back and one solution was making homes more functional for today's modern family. >> and when the cox family began searching for a new home, extra space for relatives was key. >> at times in our lives, with the families members somewhere to stay. >> the cox household is becoming a household increasingly common. the multi-generational home. in 2008 one in five households contained at least two adult generation, up 33% since 1980. >> you had people that otherwise wouldn't be buying coming out to buy. >> the builder lennar introduced a floor plan taylor made for the families and the next jen home features a separate living quarter in a home zoned as single

horton and lennar and kb home. how about tech?y negative sector this week really but the important thing is it's not a very good day today. i'm not just talking about apple. sandisk, micron, big semiconductor names. and broadcomm has been a monster. yes, neither of the other financials out there. it's certainly not all due to that. clearly we don't have a lot of loan growth. and mortgage division. finally, in terms of the

." >>> home builders lennar and pulte tumbled 6%.erpillar led industrial lowers after march sales in china plunged 50%. nevis lost on news the fda will review a weight loss drug for three months. grocery chain super value jumped 15% on full year forecast. >>> finally, death and taxes may be along life's few certainties, come on people let's try to prevent a double whammy. traffic accident deaths have risen by 6% on tax day for each of the last 30 years. please, let's all chill out, get some sleep, and be sure not to hit the bottle before hitting the road on april 17th or any other day. >>> coming up the braves get a boost, celtics beat the heat, no rose, no problem for the chicago bulls. plus a game-winning homer by a birthday boy on dodger stadium's 50th anniversary. the early morning sports headlines are straight ahead. >> another spring day, cool and rainy weather on the west coast, we need it on the east coast, your forecast coming up you're watching "early today." >>> good morning, if you're just waking up this is "early today."

recently the ceo of lennar up 36% this year. lennar isn't the only stand out.hares of pulte homes. and kb beating the sector at 31%. there are a number of issues when it comes to investing in housing stocks. credit remains extremely tight. those who want to buy aren't always able to secure the housing they need. and many are paying car payments before their mortgages. housing is a lagging indicator. the current environment isn't always reflected. >> there's a rash of private investors making big bets on distressed homes. take a look at these numbers. investors bought more than 1 million homes in 2011. 50% were either foreclosures or short sales. half of the investors buying to generate rental income. is this a positive or a negative for the housing market? gary beesley is the managing direct for with wade point real estate group, the largest nonbank institution of homes. thank you so much for joining us. >> do you think this does more harm than good? how do you see what's been going on just recently? >> well, they are in the bubble year. certainly investors are

>> both toll and lennar don't have those numbers, so we're not including them on the trading list.a great company. i think their valuation has lagged the peers, but we think long term the stock is overvalued. >> to that point in general, what do you think about the higher-end homebuilders? >> so the higher end being just mostly toll. at the end of the day, i think toll is alone in its niche and that's a good thing, but again, at the end of the day, they need to make money. they're still earning a couple cents a quarter. but as we look out three, four years, we don't really see toll -- it's hard for me to see how they make more than 2 bucks a share any time in the next four or five years. with the stock north of $20, that's not a valuation i find compelling. >> doc? >> i would look at a setup, for instance with lennar, one of the out-performers, and perhaps pair that up against dr horton and do a pairs trade in terms of playing for a little catch-up or little reversion to the name. >> what do you think about the names? ones he talked about or others? >> he steered clear of to tll. a

." >>> home builders lennar and pulte group both tumbled more than 6%.pillar led industrials lower after march sales in china plunged 50%. nevis lost on news the fda will review a weight loss drug for three months. one bright spot, grocery chain super value jumped 15% on its full-year forecast. >>> and death and taxes may be among life's few certainties, but let's just try to present a double whammy here. according to new research, traffic accident deaths have risen by 6% on tax day for each of the last 30 years. if so, let's all chill out, get some sleep, be sure not to hit the bottle before hitting the road on april 17th or any other day. >>> coming up the braves get a boost, celtics beat the heat, no rose, no problem for the chicago bulls. plus a game-winning homer by a birthday boy on dodger stadium's 50th anniversary. your "first look" at sports is straight ahead. car insurance . ah, claim trouble. [ dennis ] you should just switch to allstate, and get their new claim satisfaction guarantee. hey, he's right man. [ dennis ] only allstate puts their m

. >> housing stocks amazingly are very strong, lennar 25% in the next six months and sales are starto go grow for the whole group. >> brenda: all right. toby. >> big move, great call six months ago. now, look all of the people are worried about apple. tell you a couple of things, number one, there are big, big issues coming out with new 5 and going to do well. on the pull boyton beachiacks a you're missed the apple train. >> brenda: you've made a lot on apple. >> thank you very much. >> and not a thousand bucks in a year now. >> brenda: john, a bull or bear on apple. >> i'm very bullish on apple. >> brenda: and gary k you own it. >> i own it so i hope they're all right. >> brenda: and not a rotten apple in the bunch, coming up, cavuto on business, neil. you go ahead and take it away. >> is big labor about to see a big surge? i'm happy to have you, i'm

lennar added almost 6%. last month, it also reported a strong order book. wal-mart shares found some buyers, rising almost 3% after its big sell-off on monday after allegations of bribery surfaced at its mexican unit. the mexico attorney general opened a preliminary investigation into the claims. earlier, susie reported on the airline sector. one area we didn't see come along with today's rally was the transportation sector. among the issues weighing on the sector was shipping giant u.p.s. it delivered first quarter earnings that came in one penny shy of estimates. it's u.s. shipping business benefited from internet shopping sites like amazon, but that's relatively low-margin business for u.p.s. shares fell almost 2%, down to their lowest price in more than a month. the transportation sector, measured by this exchange traded fund, fell almost 2%. while the broad market is at a three-week high, this transportation fund is at its lowest price since mid-march. transportation stocks are looked at by some as a leading indicator. and that's tonight's "market focu

pulte group was up 9%, lennar regained 5%, and d.r. horton was up almost 5%. a survey of 20 major markets found the strongest sales rates by homebuilding managers in more than a decade. meantime, paint maker sherwin- williams put up some green today: shares up 5% to a new all-time high. late yesterday, sherwin raised its outlook for the first quarter thanks to strong retail paint sales. owens-illinois isn't exactly a household name, but its products may be in your house. it makes glass containers for food, beer, juice and other items. a very bullish outlook sent shares up. its almost 7% gain brings shares back to the top of the range they've been in this year. cost cutting, less money spent on software licensing, and better than expected production add up to a much stronger than anticipated first quarter. the results are expected in two weeks, but shares were moving today. online travel site travel-zoo has taken investors on a bumpy ride. today, at least, the direction was up. after falling more than 70% over the past year, the stock shot up more than 28% toda

lennar fell more than 7% as volume almost doubled. this highlights some of the strongest gainers over the past several months have suffered some of the worst selling. not all consumer-focused stocks were hit. supermarket operator super-valu lived up to its name today. shares popped more than 15% as volume jumped five-fold. this stock highlight's just the opposite of the homebuilders-- while it has been falling in price over the past year, today, it found buyers. today's action followed the company reporting stronger than expected earnings and forecast for the rest of the year. the sell-off today was not restricted to stocks. energy prices also suffered losses. natural gas continued tumbling. some good news for drivers, maybe-- gasoline futures cooled off, as did oil, falling close to $101 per barrel looking specifically at oil, prices have fallen almost $10 a barrel since the beginning of march, and right around $100 per barrel seems about right for larry shover, chief investment office at commodity mutual fund s.f.g. alternatives. >>

lennar, home, hgx, they all traded together. saying, kb homes, if you go back over that conference call, you're saying, boy, are those guys bad. and then you go over to the lennar call and say they really took advantage of us. they are winners, kb homes are the losers. >> good point. >> we want to direct our viewers' attention to avon. typically a new ceo would bring a higher stock price or it might in the case of avon if the stock had not moved up so sharply last week. the new ceo as chairman for two years. and it's very loyal to young and that's a key question. that's what -- that's the heart and soul of avon. still ringing on door bells or directly selling to the consumer. that being said, of course, why was it up last week? coty, the german company, small family-controlled company, avon was getting closer and closer to naming a ceo. why not be opportunistic now prior to when this happened? with the ceo being named, the board having rejected 23, 25 out of hand, where are you going now if you're an af vob or key shareholder? a

jc penny and another home builder, lennar. them and they are in the lower end, lower quality part of the market. >> they are and the home builders got ahead of themselves. you are really talking about rental properties coming on and you are getting towards the bottom and not talking about massive amounts of houses being built. i would not be long home builders versus the short squeeze. they probably do go over lower. >> the trip advisers with the biggest increase in short interests in the past month. let's see. 15.8%. >> and stocks since december 15th have done well. 35 right now. i don't think this is the right trade on the back. this is a name you don't want to show up. you don't want to short it and buy it, but it keeps going up. >> jcpenney has an interesting one in the context of what the stock has done. there is more and more and maybe it's not enough. >> talking the other day about that the other day. the thing that's interesting is it turns into a colossal battle of the shorts and spiked up tremendously versus vor nade

you have lennar at 5.5% and apple, see where it's trading right now, it's down more than half a percent. rolling over and slowing its march towards a $600 billion market cap. the stock already trading its average daily volume with about an hour to go and it's basically flat for the last week. speaking of volumes, take a look at this chart. it's down about 6% and it's had incredibly heavy volume. triple the average. it seems to be the catalyst maybe it will shrink margins for them and the suit would be positive. we'll have to keep an eye on the story. we'll definitely give you that as soon as we get it. i also want to talk about travel zoom. it's absolutely to the moob. 29.5% to the upside. reports out there that it is in play and people are jumping in, hoping for that premium bill. back to you. >> instagram deal, everyone want to know who is neck. >>> lackluster demand during the auction of ten-year notes announced at 1:00 eastern time today. rick santelli is in chicago with details. rick? >> hi, bill. you know, the ten-year auction really wasn't bad. it was about as good as a three-yea

lennar the weakest of the bunch. boingo wireless.l admit i have trouble using that at the airport. hartford buying back securities up 6%. abercrombie & fitch up 5%. denbury up 4.5%. the best of all s&p large cap energy names. back to you. >> thank you very much. >>> treasuries rallying to kick off the second quarter after the worst quarterly decline since 2010. let's check in with rick santelli in chicago with the details. >> thanks. today's weather was weak. the treasury market was, you know, came in with buyers and you can see on the intraday chart. as equities improved,ç solo gas went up. we're at in the range, a little above the halfway mark of the move that started in earnest on the 13th. this explains a lot. it was stronger as the day wore on. it started getting weak. wow, what a surprise. look at the s&ps. exact mirror image. the risks came on as a result of positi positive equities. back to you. >> thanks so much rick. just about 45 minutes before the dow closes for the day. >> however, one leading short expert coming up, wh

lennar above 35%. d.r. horton and kb homes up about 25%. toll brothers up 20% plus. on a broader front number of buyers going into contract is jumping to highest level in two years. diana olick is live in washington with that part of the story. >> hi, sue. you're right. it beat expectations chrks is rare these days. the pending home sales index contracts signed, not closings, rose 4.1% in march from an upwardly revised february figure. it's up 12.8% from a year ago. but when you look at the raw numbers, it is the smallest monthly gain in march in three years. keep that in mind. so how valid is this number as a predictor since cancellations of these contracts have been running ab normally high around 30%? the realtors did not report cancellations last month. i asked them why and they said something interesting. they said we stopped tracking because sales have been holding up better than the fallout rate would imply. buyers have been staying in the market and offering yet another contract. we'll take that. now first quarter sales were at the highest level for that peri

is there a rotation out of lennar, home depot, et cetera into other sectors, doc?> there sure could be. i couldn't give her the answer as far as which sectors they might be rotating into and out of these. i don't see the volumes that justify saying though that they are rotating out because normally you see 2x or 3x when you have that kind of rotation. they're a little soft today. so what would i do? i would be selling on or buying dhi against them. 4kgt-ìc, trades when we come ♪ ♪ i can do anything ♪ i can do anything today ♪ i can go anywhere ♪ i can go anywhere today ♪ la la la la la la la [ male announcer ] dow solutions help millions of people by helping to make gluten free bread that doesn't taste gluten free. together, the elements of science and the human element can solve anything. solutionism. the new optimism. ♪ and the human element ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln

lennar and toll brothers. toll brothers should be outperforming and they had earlier in the day because they're a move up buyer. the market showing some signs of splitting, but still not a completely clear pattern. bottom line here is this is a low volume selloff. courtney, we're seeing some moves off of the lows in commodities as well. >> yeah, we certainly have, bob. of course this isn't the first time the commodities market has had a chance to react to the jobs data we got on friday because we were closed here just like many of the other markets here in the u.s. crude oil actually falling below $101 in the may contract at one point today. we have since bounced back a bit. part of that reason is the disappointing jobs data continuing the concern that perhaps consumption will continue to be low for oil prices. also we're tracing what's going on in equities, where you are, bob, we believe this could be the beginning of somewhat of a downward trend for crude oil as we move forward. let's look at nat gas. hittin

i'm a big dlefr that real estate investment trusts and by lennar, housing is for real. think it's going to stay a good deal. >> melissa, now over to you. >> just moments away it's a very big day here at the new york stock exchange. the third light it up blue campaign. that's why we are wearing these blue pins for autism speaks. much more "squawk on the street" straight ahead. st want to confia few things with fiona. how would you describe the event? it's big. no,i mean in terms of savings how would you sum it up? big in your own words, with respect to selection, what would you say? big okay, let's talk rebates mike, they're big they're big get $100 rebate, plus the low price tire guarantee during the big tire event. so, in other words, we can agree that ford's tire event is a good size? big big [ male announcer ] what if you had thermal night-vision goggles, like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trad