Restaurants, Homebuilders, and FRPT exploding upwards today with the general indexes.
I bought RT back this morning, FRPT I have already built a decent position in ahead of this breakout, and the homebuilders I profiled last week for you.
Picked up some SSO to added to my already overloaded longs as well.

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DHI
LEN
KBH
HOV
BZH
GFA (Brazil home builder that looks like an excellent value play here.)
TOL
PHM
Don’t know if this trade is over or just getting started.

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I woke up this morning around 10am. Sometimes I skip the open, today was one. I looked at ESLR and see it down -7.5% and I said, “F$%k!” Dumped it and saved myself an extra 2% hit because it dropped 9.5% at the close. Only thing that sucked today.
The market indexes rocked though and I [...]

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Got out of the FXI trade right at the morning price area of around 10am. Gained 30% on those calls.
Sold all of my CPST positions. CPST looked like it was finding resistance at $4, but I think its going to test there again.

I didn’t buy the indexes this morning because the markets were up. I [...]

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The following home builder stocks had the biggest volume for the most part in weeks. Some were days though.
SPF - Big volume today
DHI - Considerably higher volume on the up days before this week.
MTH - Big vol today
WCI - Huge vol today
LEN - The volume pattern looks like shorts unraveling a monster trade same with [...]

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