June 29, 2012 at 14:37 PM EDT
Homebuilder ETF Breaks Out to Highest Level Since 2008
A nearly 4% jump in a homebuilder ETF in Friday’s risk-on, quarter-end rally carried the volatile sector fund to its highest level since 2008. The iShares Dow Jones US Home Construction (NYSEArca: ITB) is on a four-day winning streak and on track for a gain of 10% for the week. Kimble Charting...
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