Dear Reader,

Gold hit an all-time high of $4,381 in 2025…

But this compelling research shows why gold could jump EVEN HIGHER in 2026.

In fact, some now believe gold could hit $5,000 or more in the coming weeks.

Meaning if you’re starting to wonder whether you should add gold to your portfolio right now, you need to check this story out immediately.

Don’t forget…

The macroeconomic picture is still not pretty:

• Consumer confidence is near a record low…
• Credit-card delinquencies are at the highest level ever…
• All while the housing market just had its worst year in more than a decade.

But as you’ll see, there’s an even bigger catalyst for gold right now – one that most Americans are completely overlooking.

In fact, one mysterious buyer has been quietly hoarding gold at the fastest pace in 55 years.

Click here for the full story… including the No. 1 way to get in on gold today (for under $50).

Regards,

Matt Weinschenk
Director of Research, Stansberry Research

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Saturday’s Exclusive Article

D.R. Horton Stock Tests Support Following Earnings Report

Submitted by Chris Markoch. Article Published: 1/21/2026. 

Key Takeaways

• D.R. Horton reported better-than-expected earnings and revenue but showed year-over-year declines in profitability.
• Elevated mortgage rates continue to pressure affordability despite a structurally tight housing supply.
• Technical indicators suggest the stock may be forming a higher base near key support levels.

Shares of homebuilder D.R. Horton Inc. (NYSE: DHI) are down about 1% in midday trading after the company reported first-quarter fiscal 2026 results, despite solid headline numbers. Earnings per share (EPS) of $2.03 on revenue of $6.89 billion topped expectations of $1.98 and $6.66 billion.

That said, the sell-off wasn’t entirely unwarranted. On a year-over-year (YOY) basis, revenue fell 9% and EPS dropped 22%, while YOY net income declined 30%. Those results were enough to prompt selling on a day when the broader market was already weak.

Gov’t revalues silver overnight… gold next? (Ad)

Last week, the U.S. Mint raised the price on many silver coins by nearly 90%—overnight.

A MASSIVE move that has many people asking questions about what’s going on…

Especially considering it came just DAYS after suspending all silver coin sales.Could a similar phenomenon happen with gold? And at what price?

D.R. Horton maintained its full-year guidance. That may not be overtly bullish, but management expects revenue and earnings to grow solidly year over year in the back half of the fiscal year.

In the short term, the company said a 3% rise in net orders was driven by sales incentives.

With DHI stock up about 8% in 2026 after a sharp December pullback, some investors may have been looking for clearer signs of a recovery. Still, the emergence of a higher floor could set up a buying opportunity for those willing to take the risk.

Will the Earnings Report Clarify Analyst Sentiment

Heading into the report, analysts held a mixed view on DHI.

Some firms were bullish. For example, Goldman Sachs (NYSE: GS) reiterated its Buy rating and $195 price target.

Other firms trimmed expectations. UBS Group (NYSE: UBS) lowered its target modestly to $191 from $195, and Citigroup Inc. (NYSE: C) cut its target to $154 from $163.

There were also neutral calls, such as Wells Fargo & Co. (NYSE: WFC), which reiterated an Equal Weight rating and trimmed its target to $155 from $180.

Overall, the report gives little reason for analysts to materially change their outlooks, given the continued pressure on the housing market.

The Relativity of Interest Rates

The Federal Reserve began cutting interest rates in late 2025, with the most recent cut in December 2025. Many investors now expect the Fed to pause further cuts for several months, keeping financial conditions tighter than equity markets had anticipated.

Lower rates generally support stocks because they reduce borrowing costs. This matters especially for small-cap companies that are not yet profitable and rely on debt to grow, since their valuations are more sensitive to changes in the discount rate.

For homebuilder stocks like D.R. Horton, the dynamic is different. Prospective buyers may delay purchasing until they can secure a more favorable fixed‑rate mortgage, and D.R. Horton has acknowledged it still needs elevated incentives and rate buy‑downs to keep sales volumes moving, even as orders and revenues remain solid.

That might seem to contradict the “tight supply” narrative, but it reflects an affordability gap: supply is constrained, yet demand is highly payment‑sensitive at current mortgage rates. Builders are using incentives to bridge that gap rather than to unload unwanted inventory.

Mortgage rates are more closely linked to the 10‑year Treasury than to the Fed funds rate. Fixed mortgage rates typically trade several percentage points above long‑term Treasuries, not at a fixed spread to the policy rate.

While current mortgage rates are not extreme by long‑term standards, they are a shock to a generation of first‑time buyers who grew up during an era of ultra‑low 30‑year mortgage rates. That amplifies the need for buydowns, discounts, and other incentives to make monthly payments workable.

As analysts note, the housing market faces both supply and demand challenges. Structurally tight inventory supports pricing power for large builders like D.R. Horton, but stretched affordability means demand must be actively cultivated through incentives and careful product mix rather than assumed based solely on limited supply.

How to Approach DHI Stock After Earnings

Even after the January rally, DHI shares remain roughly 15% below the levels reached after a strong summer run. The price is hovering near the 50‑day simple moving average (SMA), and the sequence of higher lows from late 2025 into early 2026 suggests the stock may be attempting to form a higher bottom.

That constructive view depends on the 50‑day SMA holding as support. Momentum, as measured by the MACD, has been stabilizing after a bearish crossover, which could signal a shift back toward neutral or bullish if the MACD line turns back up and moves above zero. The recent dip in volume looks more like part of a broader rotation trade than a capitulation.

For a post‑earnings trade, the key question is whether the price can hold support around the 50‑day and then reclaim recent swing highs from late 2025. Aggressive traders might enter near the moving average with a tight stop just below the most recent higher low, while more conservative investors could wait for a decisive close above the consolidation range to confirm renewed upside momentum.

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See Also: The math that keeps bankers up at night (From Behind the Markets)