Drew Sandholm is a producer for CNBC, writing articles and working on special features for CNBC.com. Before joining CNBC, he reported for the investigative unit at ABC News and was a television anchor/reporter at an ABC News affiliate. He holds bachelor's degrees in Mass Communications and English from St. Cloud State University in St. Cloud, Minn.
Follow him on Twitter @DrewSandholm
Sales of new homes in May fell to the lowest level ever, so why did the Homebuilders ETF close higher on Wednesday.
Why this big name on the Street is still long the beleaguered oil company.