Scalper1 News
Despite some disappointing housing reports in recent weeks, the homebuilders group continues to hang tough. Some individual names are thriving, while others are setting up. In Wednesday’s IBD, the Building-Residential/Commercial industry group ranked No. 9 out of 197 groups, improving slightly from No. 12 three weeks ago. Six weeks ago, the group was at No. 7. Housing reports for the month of September were not inspiring: New-home sales tumbled Scalper1 News
Scalper1 News