Daily Archives: July 7, 2024

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10May11:46 amEST

Little Homebuilders on the Prairie

The strength in homebuilders since last October 2022's lows has indeed been impressive, even though the sector is still well below its prior late-2021 all-time highs as you can see on the XHB ETF weekly chart, below.  We can also see, however, prior support from earlier in 2021 now potentially converting into resistance. In fact, I am expecting...

 
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