At the beginning of the year I started to see the home builders stock start to move and I went to stockcharts.com to look at TOL and KBH and saw that the charts were telling me to get into a trade. I went and looked at the option prices and there were cheap I pulled the trigger and jump in.
I have noticed that on Finviz the Industrial Goods have been the top sector for the last three months.
The stock in the biggest builders, which is tracked by the U.S. Home construction Index, has risen by more than 50% since the market bottom in September.
Since the crash of 2008 the Residential construction stocks have been beat down. Lots of trades make good money as they were falling. Now that they are rising the opportunity is here again in the Industrial Goods sector.
Before you just jump into a trade make sure that you are doing your research! Trust the charts they will tel you when you get in and out of trades.