Chart of the Day - Lennar (LEN)

The "Chart of the Day" is Lennar (LEN), which showed up on Wednesday's Barchart "52-Week High" list. Lennar on Wednesday posted a new 5-year high of $39.33 and closed +0.41%. TrendSpotter has been long since Oct 3 at $37.41. In recent news for the stock, U.S. Sep new home sales rose sharply by 5.7% to a 2-1/2 year high of 389,000 and the supply of new homes on the market fell to a new 7-year low of 4.5 months. Lennar, with a market cap of $7 billion, is one of the nation's leading builders of quality homes, building affordable, move-up and retirement homes.