Dr. Julie Peterson-Manz reviews the Around The Horn stock action for May 27, and presents trade ideas that still have the possibility of triggering for May 28.
With the 50-day moving averages closing in from below, and the 200-day moving averages closing in from above, it shouldn't be much longer until we see the trend resolution.
The homebuilding sector is appearing to discount the effect that higher mortgage rates will have on forward demand for new housing as the technical pattern is giving rise to some concern.
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