DR Horton (DHI)
We’re back this week with another strong trade.
If i’ve been absent, it’s for a GREAT reason…
My wife and I got to welcome our first child into the world!
Best week of my entire life.
I absolutely love being a dad.
And speaking of things I love, right now I’m loving DR Horton.
Right now, we’re seeing sector rotation outside of large cap tech and communications, and that’s big for us.
Banks are starting to work — or at least aren’t dropping.
And industrials are making moves as part of rotation into small caps.
Home builders are part of that, including DR Horton (DHI).
I love DHI above $63.
Below that, staying away.
But we are long above $63 with a price target of $100.
That’s it for now, gotta check on my daughter.
But we’ll be back next week with another chart of the week (and another big announcement!).
Til then, good trading,
Bold 5G prediction
5G Prediction for 2020: Michael Robinson has an enviable track record… He called social media “the next big thing” when Facebook stock was just $22 (it’s now over $225)… he picked Bitcoin in 2013… and he recommended cannabis stocks in 2016. Today, he’s issuing his biggest prediction yet. If you’re thinking about investing in 5G, you’ll want to hear this.