Tag: homebuilder stocks
Homebuilder Stocks Poised For A Rally?
Homebuilder stocks had a rough summer to say the least. Ever since a 20-month uptrend ended in May, these stocks have been moving lower in a sharp downtrend. Take a look at the following chart… The iShares US Home Construction ETF (NYSE: ITB) set a 52-week high of $26.21 on May 20th. In fact, […]
