Yes, it is possible that by the end of Dec, HOV may reach to $6. however after the New Year Day, it can go up to $8. The trend will change soon since the fundamentals for all home builders are getting better! There is no reason to connect their performace with interest rate. When economy gets better, the interest rate will move higher, however more and more people will have jobs and will be able to buy homes, therefore it is positive to home builders!!
Sentiment: Strong Buy
I told you to trade this. You could have made serious $ by now. Long at 4.8 sell at 5.05. Then short at 5.05 buy back at 4.8.
need FIVE MORE PUMPS FOR YOUR QUOTA
Sentiment: Strong Sell