Adam Sarhan Quoted in MarketWatch: Home builder ETF wavers near a breakout point as earnings roll in
While chart watchers got fired up when a play on home builders broke out to a record high last month, the SPDR S&P Homebuilders ETF XHB hasn’t done much since then. MarketWatch columnist Kevin Marder and Adam Sarhan of Sarhan Capital were among the technical analysts who pointed out XHB’s bullish move above 34 last month. They weren’t necessarily…