vreporter

What the Homebuilders Are Telling Us

While everyone here is probably right about the real estate market, they are probably wrong about (homebuilder) stocks. The two are not always correlated and the author raises some credible "technical" points about these sector stocks. As a longtime bear on homebuilders, I am betting on the stocks recovering despite their "property" values declining. At least for a substantial retracement - which is still worth the long trade.

Food for thought!