Trader Tip Of The Day – XLB and XHB

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Looking at the correlated charts of XLB (Materials Sector) and XHB (Homebuilders), it appears that the housing market is starting to pick back up. Multiple offers being back on the table is a good indicator that there is a potential upswing of 5-5.5% in the next week or two.

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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the interview date but may not be accurate in the future.