ChartFest: Homebuilders or Ski Slopes?

The home-builders are really taking a shellacking. Pulte (PMH) and Toll Brothers (TOL) clearly look better than the others, though that is not saying much. There will be a couple of earnings releases next week which include Thursday’s release from Lennar (LEN) and followed on Friday by KB Homes (KBH).

We should get a better insight into how deep of a problem it will be for the next several months. I don’t have high hopes.. Do you?

Disclosure: Horowitz & Company clients may hold positions in the securities mentioned as of the publish date.