Hey! Look What's Getting Close To A 4-Year High

XHB, the homebuilder ETF, had another monster week, breaking out to a new multi-year high.

This uber-beaten down sector is close to surpassing levels from Spring 2008.

Remarkable.

SPDR S&P Homebuilders ETF

chart

Photo: Bloomberg

And just so you can see things more clearly, check out this one-year chart.

cjhart

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