Also add ITB to the list. It’s an ETF that tracks the Dow Jones US home construction index (yahoo symbol is ^DJUSHB).
I think the real estate downturn (plus higher energy cost etc etc) would finally put a stop to the resilient consumer so the next sector to watch (for shorts) would be retail. Compared to the construction sector, retailers have just barely nudged down and I think the worst has yet to come. Any comments here ?
