Event: Lennar (LEN) reports their fiscal Q3 results tomorrow before the open. The options market is implying about a 3.5% one day post earnings move, which is rich to the 4 qtr average post earnings …
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Event: Toll Brothers (TOL) reports their fiscal Q3 results tomorrow before the open. The options market is implying about a 4% one day post earnings move, which is shy of the average move following the …
Continue readingIn early April we looked at various components in the housing market and placed a defined risk bearish trade in the Homebuilder etf XHB. Since then the sector is down but has not experienced the …
Continue readingIn early April we targeted the home-builder etf XHB with a June put spread. At the time we took a dim view of home sales for a handful of reasons, and we thought the technical …
Continue readingThere has been little doubt that home improvement retailers like The Home Depot (HD) and Lowe’s (LOW) have been massive outliers for the last few years in what has been a very difficult retail environment …
Continue readingIn early February we expressed a bearish view in shares of The Home Depot (HD) and closed for a profit after a drop in the stock (read here). Following this morning’s very strong earnings results …
Continue readingLast week (on Feb 2nd) we made the case for a near term pullback in shares of The Home Depot (HD), read here, but here is an excerpt: The company has been one the largest …
Continue readingThe Home Depot (HD) has been one of those stocks that holds a special place in investors hearts over the last few years, gaining 350% from its 2011 lows, and tripling the performance of the …
Continue readingThe data dependent Federal Reserve sees green-shoots in the U.S. economy. As they should after trillions of dollars of monetary and fiscal stimulus since the financial crisis. Employment data is nearing their targets for a …
Continue readingHomebuilders and related stocks are having a day today on the heels of the best monthly housing starts since November 2007. I don’t know about you, but when I hear the term November 2007, I …
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