U.S. Housing Recovery

Here's a big hint the rally in homebuilders will continue

housing-recovery
From Dragonfly Capital:
 
Most homebuilders reported earnings a couple of weeks ago and were soundly pummeled by investors.
 
It happened to Beazer Homes, $BZH, D.R. Horton, $DHI, KB Home, $KBH, and Lennar, $LEN. Some down over 20% are now recovering, but have not yet clawed back half of their loss. Only Lennar is back to pre-earnings levels.
 
When I think of building homes, the first thing that comes to mind is lumber. So how did that do over this period? Taking a look at the chart for random length lumber, it made...
 
 
More on homebuilders:
 
 
 
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