Homebuilder stocks
1st capitulation-like day: HOMEBUILDERS and financials
Wednesday, January 23rd, 20088.13 A.M.
It is a good practive to keep an eye on the fastest rebounding stocks in a dramatic capitulation-like day like yesterday. It tells us where the shorts got nervous and where the bulls came in, meaning they saw value and demand skyrocketed. It tells us someone WANTS that stock, even if for temporary
Out of […]
Homebuilders not out of the woods yet
Monday, December 24th, 2007The HOMEBUILDERS rallied close to 33% earlier this month (in two weeks) and the bears were dying on the streets, however, the fundamentals are still flawed, I would say, wait out the earnings which most likely will be weak and then take another look into these stocks, after the results are out….Goldman […]


