Short Covering Help for Homebuilders ETFs
February 20, 2015 at 12:30 PM EST
Mortgage rates are rising. Young first-time buyers are scarce in the market, but those factors are not preventing homebuilders exchange traded funds from soundly outpacing the S&P 500 over the past several months. Over the past 90 days, the SPDR S&P Homebuilders ETF (NYSEArca: XHB) and the...