Technical analysis on ITB (Home Construction ETF) along with 14 of my top trade ideas in the homebuilding & construction sector. The following ETF & stocks are covered in this order: ITB, SHW, DHI, NVR, OC, LEN, PHM, LII, TOL, CAA, KBH, TPH, MTH, LGIH & MHO. Playback speed can be increased in the settings [...]
An update on XHB (homebuilders ETF) and some of my favorite trade ideas in the sector at this time.
Analysis of the Homebuilders ETF, XHB, along with several leading homebuilding stocks & related companies such as DHI (D.R. Horton), LEN (Lennar Corp), NVR (NVR Inc), OC (Owens Corning), PHM (Pulte Homes) & TOL (Toll Brothers).
This video starts out highlighting the very tight correlation between homebuilding stocks & timber prices followed by analysis on the homebuilder ETFs (XHB & ITB) and several individual homebuilder stocks that appear to be setting up as promising swing trades. Several of the setups in this video will be added as official trade ideas setups [...]
For those wishing to skip ahead to the analysis of a particular stock or ETF, the following trade ideas are discussed in this order: XHB, AOS, LOW, LL, DHI, HD, LEN, LZB, MAS, LII, MHK, WHR, & TPX.
The following short trades will be removed from the Active Trades category. Some of these trades may have already hit one or more profit targets while others failed to reach their price target(s). Many of these trades have also exceeded their suggested stop level while others may not have but in the long overdue process [...]
DHI will be added as an active short here around the 22.28 level as it is just starting to break below this daily bearish rising wedge pattern. For now, T1 (17.80) is the final target. A stop above the 23.78 level would provide about a 3:1 R/R on the trade. Note: DHI, along with the [...]