bull case is paul hickey. brian kelly. 90 seconds to make the case. >> home builders everyone is negative on them. we see it as a win-win trade. rising interest rates are occurring about the economy is improving. that's going to improve the overall demand for housing. on the negative side if it economy doesn't improve the fed is going to keep rates low which will help the housing sector. it hit an 8-year high today and you look at the correlation to the home builders index, they've tracked each other for the last ten years up until the last four months due to the fact that people are worried about rising interest rates here. i think it's overdone and that's going to see mean reversion coming forward. >> let's look at that. the last thing you want is the person selling you the product telling you this is fantastic, it's going to go higher. that believe that the cash is more valuable than the house. we have had rising interest rates just today. prior to that look at mortgage applications. with just the tiniest o

. >> paul hickey you're new here welcome. >> thanks. you have to watch interest rates rising. that's a negative. gas prices have been falling over the last month again and the jobs pictures is improving. you have two pluses, one minus. the pie isn't growing that much. you have to know where to look. you see apparel retailers not doing good. we're seeing bricks to clicks. netflix is doing well pandora. people are spending money online. >> it's a secular shift. >> the overarching message is that the average investor is not going to be able to thread that needle. you can't really sell everything and then buy the bottom in september or october. trimming not a bad idea but stay long the overall market. >> my koeike khouw? >> karen mentioned macy's foot locker and looking at names like ralph lauren these names are trading well off of their highs so it isn't as if right now you're chasing the tail end of a huge rally. you are buying them at a mild discount to where they were earlier. i don't think this is actually a bad place to even look at initiating new long in those names. >> let

here now with the most recent additions to the list is paul hickey. it's a pleasure to speak with you. a lot of people are familiar with your research. it main lly looks at historical patterns. >> we basically look at top growths stocks in the russell 3,000. we start with large and small cap stocks and screen them on a variety of fundamental factors and apply technical screens to them. the ones making the cut end up in the 50 and each week we go through them. the thing you have to remember about growth stocks is once they fall out of the favor they fall out fast. if these stocks run into technical trouble, they're taken out. there is very little wiggle room there. >> i want to talk about your recent additions and start sort of at the bottom of the list up. because the two smallest stocks on this list are stocks that we don't often talk about. one is a small market cap, 300 mlgds, twin disc and modine. >> i think it's important to stress these are low market caps. investors shouldn't just go out and buy them. they are expected high earnings growth in t