For the second week in a row, the copper ETF COPX has been the top performer. Undoubtedly benefitting from the current plans for building and infrastructure improvements being discussed by the US Government.
Coming in second in performance was the Homebuilder SPDR ETF known as XHB, while the ishares version of homebuilders ITB came in 5th best this week.
In support of the homebuilding industry being a favorite, a plethora of individual homebuilding stocks made it onto the Best Stocks Alert list this week.
Many homebuilding companies have earnings just around the corner so a watchful eye on volatility might be advised.
However, homebuilder KBH announced earnings in late March and moved sharply above a flat base from the last 9 days of trading on increased volume which might indicate good earnings by other homebuilders.
Dividend ETF RDVY remained in the top 7, indicating a continuing appetite for dividend stocks while US Dollar based bond funds remain stuck in the basement.
[table id=30 /]