U.S. Markets closed

Homebuilders Continue Their Climb

Though well off their highs, homebuilders continued to show strength many of them outpacing market gains. Lennar (LEN, daily) cleared a flat base today. It doesn't show up on pattern recognition because last week it came 6 cents above the 80 high. Still it has the look and feel of a flat base. ITB the iShares Home Construction ETF is on SwingTrader.