In trading on Monday, general contractors & builders shares were relative leaders, up on the day by about 4%. Leading the group were shares of Hovnanian Enterprises Depositor Shr SR (NASDAQ:HOVNP), up about 8.5% and shares of Standard Pacific (SPF) up about 7.3% on the day.
Also showing relative strength are auto parts shares, up on the day by about 3.7% as a group, led by Tower International (NYSE:TOWR), trading up by about 17.1% and American Axle & Mfg Holdings (NYSE:AXL), trading up by about 6.6% on Monday.
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