The Fresh Cracks In Housing-Related Stocks

First the good news. The iShares Dow Jones US Home Construction Index Fund ETF (ITB) lost 3.2% on Friday but bounced sharply from the lows of the day. That bounce preserved support at the uptrending 200-day moving average (DMA) and set the stage for a potential higher low that generates a lasting bottom. While, the … Read more

Prepared to Buy Homebuilders Even As Housing Pause Reawakens Some Short Interest

(This is an excerpt from an article I originally published on Seeking Alpha on September 29, 2013. Click here to read the entire piece.) {snip} Source: St. Louis Federal Reserve Homebuilder stocks joined most rate-sensitive plays by falling sharply from their lofty levels once the direction and momentum of rates became clear. {snip} I consider … Read more

Picking Homebuilder Stocks for 2013

(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. Click here to read the entire piece.) {snip} It is hard to be bearish on the U.S. economy when housing is working. Homebuilders are also the ultimate play on the U.S. economy given the minimal (direct) linkage to … Read more

What To Do with Your Homebuilder Stocks Now

(This is an excerpt from an article I originally published on Seeking Alpha on September 28, 2012. Click here to read the entire piece.) Congratulations to those of you who were able to ignore the bears on housing and stick with housing stocks this year. The SPDR S&P Homebuilders ETF (XHB) has finally recovered all … Read more