Housing stocks showing early signs of life. $ITB $TOL $RKT $LEN all reclaiming their 200-day moving averages — classic Stage 2 setup forming.
The catalyst? 10-year Treasury yield dropping, which historically pulls mortgage rates down with it. Lower rates = housing demand comes back online.
If this plays out, housing could rotate into leadership. Not saying it's a sure thing, but the technical setup is there and the macro tailwind is starting to align. Worth watching closely.
The catalyst? 10-year Treasury yield dropping, which historically pulls mortgage rates down with it. Lower rates = housing demand comes back online.
If this plays out, housing could rotate into leadership. Not saying it's a sure thing, but the technical setup is there and the macro tailwind is starting to align. Worth watching closely.