homebuilders Tag

US Mortgage Apps Fall Again

13 Nov, by Knowledge Leaders Team in Uncategorized

Mortgage Applications remain weak in the US. The move back up in rates recently would only seem to make this trend continue. US homebuilder stocks look like they will remain under pressure as well....

Homebuilders Extend Downtrend on Taper Concerns

01 Nov, by Knowledge Leaders Team in Uncategorized

US homebuilders are back under pressure today as fears over Fed tapering are renewed. Our relative strength point and figure charts show a group that has rolled over and is in the early stages of a downturn.  It is quite possible the homebuilders retrace the...