A stock’s liquidity generally refers to how rapidly shares of a stock can be bought or sold without drastically impacting the stock price.
Homebuilders ignore Headlines.
As housing-related economic data points have been falling to multi-decade lows, homebuilder stocks have been rallying. As of 2/22/2023, the
S&P 500 Homebuilder group was up 6.9% year
to date (YTD) and 11.6% over the last 12 months.
Since 1945, February has been the S&P 500’s second worst performing month in terms of average monthly returns (-0.18%). Bulls have tended to get back on track in March, though, as the average monthly return has been a gain of 1.13% with gains 64% of the time. The worst March since 1945 was in 2020 (-12.5%), while the best-ever March was in 2000 (+9.67%).
A Couple Million Differences.
Did you know? Pitchers and catchers report to spring training earlier than the rest of the team. While both positions are required to do so, the two aren’t compensated equally. The average starting pitcher salary is $10.3 million for 2023, and 19 will make $20 million or more. The average catcher salary for the 2023 season is $5.2 million, and only two will earn more than $20 million in the 2023 season.