Quote from Mvic:
What is up with the homebuilders? DR Hortons CEO said that he is not seeing any signs of recovery and believes the decline is still in early stages and they report horrible results and the sector ramps with DHI up almost 8%! All the while long term rates keep climbing.
Quote from polpolik:
Perhaps this is a one last push to get the longs in before a huge drop in the next few months.