Tuesday, August 28, 2012

Buy XHB home builders (sell puts)

Buy XHB via selling Oct 21 puts @23.4. XHB is the home builders ETF. XHB broke out from a chart base at 21.8 and there is another layer of support at 21. Home builders have been one of the strongest sectors during this rally. Other strong sectors include retail, medical and tech (mostly Apple).

* I added a search box to the blog. It looks for blog content and links that I have posted. Blogger says I have over 1200 posts over the course of six years. So if nothing else it may be a useful search tool for me.

Long AMGN BRKB ESRX EWG KFT XHB
Net long LGF
Net neutral GLD SPY
Net short IWM XRT

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