ETF Chart of the Day: Humbled Homebuilders

ETFs like XHB (SPDR S&P Homebuilders, Expense Ratio 0.35%) and ITB (iShares U.S. Home Construction, Expense Ratio 0.48%) are both once again trading below their 200 day MA’s this morning on a rather sharp gap down. XHB interestingly has actually pulled in greater than $260 million in new assets...