Back in June 2005, I correctly worried about a bubble in homebuilder stocks and here's the monthly chart for Toll Brothers from back then.
Here are some trading guidelines for the stocks of six homebuilders.
The housing market has been showing positive development since September. Construction-related stocks then moved higher, especially Masco and USG.
One view says holiday sales to better than expected while another predicts weakest since 2008.
The housing index was down 4.2% on the year in mid-August, but at Wednesday's close had re-inflated to a gain of 6.9%.