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iShares Dow Jones US Home Construction ETF Is On the Upside
iShares Dow Jones US Home Construction (ITB),
an exchange-traded fund (ETF) that includes 21 major homebuilders, is
above its 50-day moving average. On Friday April 18, ITB closed at $21.09,
up 50.32 percent from its all-time low of $14.03 set on January 9, 2007.
The housing slump may be far from over, but the housing stocks are on
the move. Buy ITB on price dips.
Related Articles:
Exchange-traded Funds
Homebuilding Stocks
Homebuilding Stocks - Articles
on buyupside.com
iShares Dow Jones US Home Construction
ETF Is on the Price Upside
iShares Dow Jones US Home Construction
ETF Is Weak
Posted April 19, 2008.
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