Chart of the Day - Friday, January 9, 2026

🏆 Today's Chart of the Day was shared by Linda Raschke (@LindaRaschke).
 

• Homebuilders ($XHB) surged to new three-month highs on a gap-and-go breakout, capping their strongest week in a year.
   
• As an early-cycle leader, renewed strength in $XHB would be a constructive sign for bulls as rotation continues across the market.
   
• While overhead supply remains, a move above the pivot highs near $120 would set the stage for a retest of the prior all-time highs around $125, roughly +10% higher.

The Takeaway: Homebuilders had their best week in a year after a decisive breakout, and capital flowing back into the industry supports broader bullish momentum.