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Has The Homebuilder Rally Gotten Ahead of Itself? And Are Psychedelics the Next Cannabis Trade? 6/27/23

CNBC's "Fast Money"

00:00

The Fed's Fear of a Reset in the Housing Market

The Home Depot is expected to be down 30% this year. The UK yields have run away on these home builders watch the 50 day averages. They've ridden them the whole way up since last October, November. I think if this any pullback causes something more serious because those 50 days get violated.

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