Charts of the Day: Housing Stocks Say Something

Each week I perform a detailed technical analysis of the equities that make up the key sectors of the economy. While these analyses help me gauge to what extent, if at all, we should be exposed to a given sector, I’m also looking for any and all signals pointing to the state of the overall economy.

The housing sector, via XHB, the S&P Homebuilders ETF (which, in addition to the homebuilder stocks, includes names like Owens Corning, Whirlpool, Home Depot and Lowes) is offering zero support for anyone who thinks our consumer-driven economy is teetering on the edge of the next recession.


Here’s XHB’s year-to-date daily chart along with its on balance volume study (signals whether a security is being accumulated or distributed by investors/traders):





And here’s a one-year chart along with two technical indicators (bottom two panels) that suggest the sector has more upside room to run:


Share:

Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.
vulkan vegas, vulkan casino, vulkan vegas casino, vulkan vegas login, vulkan vegas deutschland, vulkan vegas bonus code, vulkan vegas promo code, vulkan vegas österreich, vulkan vegas erfahrung, vulkan vegas bonus code 50 freispiele, 1win, 1 win, 1win az, 1win giriş, 1win aviator, 1 win az, 1win azerbaycan, 1win yukle, pin up, pinup, pin up casino, pin-up, pinup az, pin-up casino giriş, pin-up casino, pin-up kazino, pin up azerbaycan, pin up az, mostbet, mostbet uz, mostbet skachat, mostbet apk, mostbet uz kirish, mostbet online, mostbet casino, mostbet o'ynash, mostbet uz online, most bet, mostbet, mostbet az, mostbet giriş, mostbet yukle, mostbet indir, mostbet aviator, mostbet casino, mostbet azerbaycan, mostbet yükle, mostbet qeydiyyat