CNBC's "Fast Money" cover image

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

CNBC's "Fast Money"

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Ropole Mascot's XLI Is Near 52-Week Highs

The XLI and the industrials look like they're about to break out. I think that today's housing data is a bit of a head fake. People are relieved that it was that the actual housing prices are down small year over year. And then you have people like Lenar who feel like they're filling a void in terms of the spec market.

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