Replies to post #79051 on Savvy Trades and Investments

[researcher59]

Homebuilders bouncing back today after the recent correction .... check out the losses through Friday - probably a good buying opportunity.

 
 TKR     LOSS      Cur Pr    High Pr   Date of High 
  
 NAIL     -39%      39.55     64.71     10/16 
 MTH      -26%      87.09     117.06    10/05 
 KBH      -24%      32.25     42.2      10/16 
 TMHC     -23%      21.6      27.93     10/16 
 LGIH     -20%      106.88    132.98    10/16 
 LEN      -19%      70.23     86.8      10/16 
 PHM      -18%      40.76     49.7      10/09 
 DHI      -18%      66.81     81.21     10/16 
 CCS      -18%      38.84     47.58     10/12 
 BZH      -17%      12.18     14.68     10/16 
 MHO      -17%      40.92     49.44     10/16 
 TOL      -16%      42.28     50.42     10/05 
 TPH      -16%      16.43     19.59     10/16 
 NWHM     -14%      5.08      5.92      10/19 
  
 AVERAGE RETURN =            -20% 
 
                            

[researcher59]

CCS +3.31 to 45.64, in a very strong homebuilder group on better prospects for continued low interest rates. The 10 year treasury rate is down 11 basis points this morning.