OrcChieftain

Developers May Start A Downtrend Or Correction

NYSE:DHI   D.R. Horton, Inc.
On Friday, all developers closed in red, some experienced a more significant drop than others. DHI and LEN have already fallen below the previous month's high, so they would be my best short candidates.

People are not going to be buying houses with mortgage rates through the roof. Multiple researches say the publish believes it is a bad time to buy a house.

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