Home Builders Surge, Overbought in Short Term; Top Play NVR [View article]
Abolutely, the market is ALWAYS the leading indicator. BLG looks like an interesting trade but certainly more risky than a LOW, HD or MHK as far as building supplier goes. As with the builders, these names are also quite overbought in the short term.
Home Builders Surge, Overbought in Short Term; Top Play NVR [View article]