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#SaxoStrats: Moving towards US Homebuilders

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September 10, 2015 #saxo strats, #saxostrats, demographics, dollar, dollar index, dollar strength, equities, equities saxo, equities trading, equity, equity bubble, equity index, equity market, equity markets, equity portfolio, equity portfolios, equity research, equity rise, equity risk premium, equity strategy, equity trading, equity us, house, house building, house of representatives, house price, house price inflation, house prices, household assets, household debt, household lending, household sector, houses, housing, housing bubble, housing data, housing market, housing recovery, housing reports, saxo bank, saxo trader, saxo trader go, saxo tv, trading, tradingfloor, tradingfloor.com, united states, us dollar, us dollar index, us dollar rise, us economic data, us economic growth, us economy, us economy gdp, us growth, us homebuilders, usa, usa economy, usa jobs, usd, usd index, wage growth, wages
Saxo's Peter Garnry is looking to buy US Homebuilders as a bet on the US economy. He says he thinks there will be at least a 15% increase in those wanting new homes and explains why. He also says the strengthening US dollar is not negatively impacting US Homebuilders.

Garnry says he is looking at an ETF traded on the Saxo Trader Go with a ticket code of XHB on the Arca exchange (XHB:arcx). He says he has a stop of around USD 32, and trailing stops of USD 0.50. He says there is no target but he's looking for a long term trend in US Homebuilders.

You can read more about this #Saxostrats here.