Homebuilders – Still a Value Trap, But I am Going To Dabble

I have seen enough damage for now.

I have been watching the death spirals nicely from the sidelines, but I feel a good rally at hand.

I am going to stick with the Southwest geography with Meritage Homes (MTH) and a homebuilder ETF – please let me know some ETF symbols.

I know Steve from Meritage and we chatted with him a while back on Wallstrip . Steve should have bought First Solar (FSLR) and got into the Solar business when Meritage was in the 80’s :) .

He will figure it out for Meritage.

Disclosure – buying MTH