Two Gap Fills

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As the market surges higher, in anticipation of Powell and his BRRRRRRRR machine, here are a couple of homebuilding-related ETFs that have closed, or are close to closing, their price gaps:

xhb
xlb

On a totally unrelated note, it’s kind of amusing that Gilead was used as the excuse for the explosive move higher this morning. I saw folks on some other financial sites excitedly talking about how it would double in price at the open. However, it’s actually been a shockingly dull stock for many weeks, including this very morning.

slopechart GILD