ATGL Top Pick of the Week - ITBNew ATGL Top Pick of the Week is the Home Building Fund (ITB), and was bought on the Opening today at $124.03.
Key stats
About iShares U.S. Home Construction ETF
Expense ratio
0.39%
Home page
Inception date
May 1, 2006
ITB provides investors with a traditional market-cap selection approach to the US homebuilding industry, with a capped weighting methodology to ensure diversification. The resulting basket of stocks isn't quite vanilla though: ITB trades purity for breadth. Its holdings extend past the confines of our narrow benchmark and into related industries that encompass: manufacturers, sellers, and distributors of home furnishings, homebuilding, housewares, specialty items, and materials used in construction and refurbishing. At times, this shows up as a lower beta play on the space. Still, ITB's portfolio can at times offer chunky positions in leading homebuilders. The underlying index will rebalance quarterly.
Classification
What's in the fund
Exposure type
Consumer Durables
Retail Trade
Producer Manufacturing
Stock breakdown by region
Top Pick of the Week - Home Building Fund (ITB)For busy investors that don't have time to Swing Trade, we now have a simple Strategy: Top Pick of the Week. You Buy the "Pick" on Monday morning, and then Sell on Friday's Close. This week: ITB Home Building Fund.
ITB Breakout Analysis - Strategic Entry and Key SMA LevelsITB Breakout Analysis - Strategic Entry and Key SMA Levels
Overview
This analysis focuses on my recent trades in the iShares U.S. Home Construction ETF (ITB) and its technical landscape. Using the 50-day and 200-day Simple Moving Averages (SMAs) as key indicators, I identified a strategic buyi
Analysis of ITB Stock Buys **ITB Buy Analysis and Breakout Alert**
Here's a detailed analysis of the iShares U.S. Home Construction ETF (ITB) with a focus on recent buy points and technical indicators:
**Buy Points**:
- Early March: $108
- Late March - Early April: $106-$108
- Early June: $100-$101
- Early to
MEGA TRADE: Copper Short SqueezeCopper has had a monster run to the upside.
Its clearly going to affect aspects in the economy by applying upward pressure on inflation and downward pressure on home builders and construction.
Copper surging shows resilience in the global economy but simultaneously high copper prices could cure
HOME BUILDER BOTTOMED wave 4 wave 5 just to start The home builders sector has a very nice correction I would be LONG calls in the sector NOW this is the last wave up use it also to sell into a new high all long term holdings as I will discuss near the 5th wave top
US Home Construction to SlowA giant wedge coming into play.
-6 deg trendline on top, 15 deg trendline (1+5=6... as above so below) on the bottom.
Harmonic shows double Giza (52) to binary YES handoff (11) with a pullback to Giza ($52) at 8/22 (128 inverse Giza)
Watching the interaction with the upper trendline for final confi
Trade school: Parabolic moveThe ETF for home builders went parabolic last week, mostly because of an earnings blow-out from DR Horton (DHI). This chart is one to watch to see how dangerous parabolic moves can be. ITB faded intraday after stretching well above its upper Bollinger Band (BB). The BBs define an expected price rang
Short US Home Construction ETF ITBITB is a US Home Construction ETF. Like many US equities, it's been struggling since December 2021. On the daily chart shown, price is experiencing a strong downtrend, as seen by the 21 EMA, 34 EMA and 50 EMA all sloping downwards. When the downtrend pauses and price retraces back to these EMAs,
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Displays a symbol's price movements over previous years to identify recurring trends.