Home Builders ($ITB) have broken through upside resistance clearing the path for real upside.
We mentioned early in January that the strength in the consumer markets and the plummeting Commodity prices could be a real catalyst for the housing market. This is notable since the Housing Sector ($ITB) has been in a consolidation for almost two years.
Names that are now on our radar: DR Horton Inc. ($DHI), Sherwin-Williams Co. ($SHW), Lennar Corp. ($LEN), and Pulte Group Inc. ($PHM). Sherwin-Williams Co. ($SHW) is the highest rated stock in this Group with a 10/10 score.
Run the Tradespoon Bulls today and find the highest rated stocks that are in these offensive sectors.
Have a great trading day!
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