Traders See Upside for Homebuilders ETF
April 04, 2014 at 11:23 AM EDT
Harsh winter conditions that pummeled the U.S. Midwest and East Coast along with some tepid economic data points sent the SPDR S&P Homebuilders ETF (NYSEArca: XHB) to a first-quarter loss of 1.6%. Now, some traders see the $2 billion ETF as a potential rebound candidate. With XHB heading for...