Here is chart of Tiger Index of 31 Home-Builders
We picked this are for short selling, because of the heavy "Insider- Informed Selling"
Once you have identified a group to buy or sell, use Tiger's Power-Ranker to pick the stock.
HOV was our pick as a short sale several weeks ago.
What is scary is how much advantage insiders have over stock holders
when bad news is going to come out. See how badly secondary mortgage
lending stocks fell recently. Insiders always know. Look at the case of LEND.
Odds favor an equally sharp decline for home-building stocks.
If they can't go up in a bull market, what will they do in a weak stock
Bernanke trips as Congress bashes Fed over lending
Dems have threatened to strip some of the Feds power to write
consumer-protection rulesmeaning the Fed chair could lose support
needed to achieve other goals ...
See also http://www.realestatedecline.com/