It’s often true that stocks trade 9 to 12 months ahead of their fundamentals. The home builder stocks are showing signs of bottoming. Does that mean that the U.S. housing market is stablizing?
I’ve found that the housing stocks trade in tandem. Let’s take a look at some of their charts. The trend sure looks great.
I’m long KBH common stocks.
Nice! Home builders have been on my watch list but i will go long if they go lower by another 30% or so… call me stingy 🙂