My gut tells me the odds of a pullback in the markets are increasing. And the next pullback in the direction back to recent lows will likely come with a lot of noise. There will be lots of shouts about "retesting lows," from some camps, and other shouts of "this was just a dead cat bounce, we're going much lower!" from other camps.
I have a hunch of how that plays out, which I discussed on this morning's Options Jam Session.
But if the market gets slippery here, and especially if the shouting class gets it right, I think housing sector stocks are vulnerable.
You need to have a subscription to access this content in full.
Log in or subscribe today to unlock new features and receive Member Benefits.
