Homebuilders also are doing well this month. The building sector ended May at No. 13. Going into Thursday’s session, it rose to No. 5.
Homebuilders such as NVR (NVR), Pulte Group (PHM) and Comerica (CMA) are up 6% to 8% this month. But small cap LGI Homes (LGIH) is up 14%. Several stocks in the group are forming bases and a few have topped buy points