Let's review the charts and indicators.
Let's take a closer look.
The charts say PHM is likely to weaken further.
The charts and indicators say home builder LEN can be bought on strength.
Get ready for TOL to test the highs of May.
Weakness in the broad market is giving me pause here.
Take a neutral stance with HD for now.
That's not clear. What is clear, however, is that the charts of ACM are not particularly strong.
These companies should benefit should Congress finally pass a measure to promote more infrastructure spending.
The shares have been correcting lower since early May.