Renewable Energy Sources, Homebuilder Stocks, and the Markets’ Losing Streak 12/07/22
The race is on to replace fossil fuels with renewable energy sources, such as solar, wind, and green hydrogen. Frontier Renewables’ Balduin Hesse explains the outlook. Plus, despite beating earnings expectations on both the top and bottom lines, Toll Brothers is warning of a potential housing demand slowdown. CFRA’s Ken Leon breaks down the homebuilder stocks. And, stocks extended their losing streak yesterday, with the S&P 500 positing its fourth negative session in a row. Piper Sandler’s Craig Johnson and Gilman Hill Asset Management’s Jenny Harrington lay out the trading day ahead.
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