Homebuilders With Golden Cross Signals

Beazer Homes (BZH) and Hovnanian Enterprises (HOV) just flashed golden cross signals.

Beazer Homes (BZH)

Beazer Homes (BZH)

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The green price bars indicate outperformance relative to the S&P 500 Index.

Hovnanian Enterprises (HOV)

Hovnanian Enterprises (HOV)

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The green price bars indicate outperformance relative to the S&P 500 Index.

This Calculated Risk post is getting a lot of buzz: The Housing Bottom is Here

For Reference

The golden cross (technical formation when the 50-day moving average rises above 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.