Homies, airlines and silver stocks are leading the rally, not exactly mainstream stuff here. Although, and I’ve said this before, homies are the perfect sector to rally behind, to feel good about the economy getting better. It’s also worth noting, they perform best during the months of Dec-Feb, with December, by far, the best month of the year to be long.
I bet you think I’m just saying that, making it all up.
Well, jerk, I compiled the seasonality stats of all the homebuilders and have generously provided this data for years, inside The PPT.
I’m down 0.6% today, with weakness in BALT. I’m on pause here (no homo), simply vegetating the day away, waiting for something spectacular to happen. In the meantime, you should all take advantage of After Hours with Option Addict this week, as he will be giving a crash course lesson on options.
CIAO (most annoying form of goodbye).
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