Homebuilder stocks and the S&P 500 ( SPX / ES1! ) have been diverging since April.
With the S&P finally pulling back as of last week, is it now time for the S&P 500 ( SPX / ES1! ) to head the direction of homebuilder stocks?
With the S&P finally pulling back as of last week, is it now time for the S&P 500 ( SPX / ES1! ) to head the direction of homebuilder stocks?
Bình luận:
Homebuilders still downstrending.
When will the S&P start going down?
When will the S&P start going down?
Bình luận:
Further deterioration in homebuilder stocks while the S&P continues its uptrend.
Plan your trade and trade your plan.
Have no idea how long this can last, but will wait until a definitive change in direction before taking the short trade.