by Dave Kranzler, Investment Research Dynamics:
The Dow Jones Home Construction Index is getting ready to rollover and head to a new yearly low. It can’t even move higher on the days when the Fed takes the S&P 500 higher. Just look at the NEGATIVE divergence going on been the SPX and the homebuilders:
What do you think the message of the market is there? It’s telling you to stay away from real estate brokers, sell your homebuilder stocks if you got’em and GO SHORT the homebuilder stocks. I have three great ideas for doing this and I’m getting nothing but very positive feedback on the quality of my work: Make Money Shorting Homebuilder Stocks.
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