Tuesday, June 22, 2010

Homebuilders - Update


Just a quick update on the homebuilders. Today the homebuilding index (HGX) made a new 6 month closing low. These stocks along with the retailers are some of the weakest stocks in the marketplace. Today HGX closed down over 3% while the S&P was down only 1.65%.

No comments:

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites