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Home-builder Stocks Lag In Today's Rally

Posted, by inthemoneystocks on August 7th, 2012

 

The important home-builder stocks are trading slightly lower today despite an early stock market rally. Traders should note that the home-builder sector has been a market leader throughout 2012. Toll Brothers Inc (NYSE:TOL) is considered to be one of the leading stocks in the industry group. Today, TOL stock is trading unchanged on the session at $29.40 a share. Short term traders can watch for intra-day support around the $29.00, and $28.50 levels. The daily chart price of TOL stock remains above the important 50 moving average which tells us that this stock is still in a confirmed up-trend.    ...
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Authored by, inthemoneystocks
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