As earnings approach for KB Home tomorrow, sentiment and optimism is very low as a result of the earnings call from Lennar this mornings. Despite LEN beating on earnings things turned nasty on the earnings call and the stock has now reversed by 10% since the pre market.
LEN pointed out some major headwinds which freaked out investors, included were skilled...
Quite simply we all need somewhere to live and the easing of rte hikes by the FED has made that it a a little easier to own your own home. Indeed a rate reduction is more likely than a hike in 2019 which is a catalysts to the housing market.
“KB Home shares jump on third quarter earnings” – such is the kind of quick trigger post earnings headline that consistently fails for home builders. KB Home (KBH) opened higher by 5.7% but was all downhill from there. At the close, KBH lost 3.1% on the day in a major reversal. This close was a vast improvement on a loss which reached 6.4% at the intraday low....
KB Home (KBH) shares are trading at $25.63. The company is announcing its quarterly earnings results on Tuesday after the market opens. What's driving KBH stock price? What's KBH stock price forecast?
KB Home which is in one of the largest homebuilders in the U.S. has delivered more than 600,000 homes--and it operates in seven states. The stock has yielded a...
Sell Short to fill the gap
Stoch oversold @ 11:30 6/29/18 first trigger, waiting next for cofirmation
MACD convergence to mean
Faster turn around on this one as opposed to HDSN if you like, a double bottom based on relative price structure according to Bollinger band strategy has formed. Looking for a confirmation day (an up day on good volume) to indicate a coming quick up move towards the opposite Bollinger band.
See chart for details.
Overall we are seeing some weakness in the market right now. Something that we're seeing is a lot of the sector/stocks have rejected the 21 period moving average, which tells me that there's a somewhat good chance that we might go test the lows that were created 2 weeks ago. This stock KB HOME INC is an example of a stock that has rejected that 21 period moving...
KB Home has been gaining steadily with the recovery in the housing market since 2009.
The industry as a whole is enjoying solid demand from a recovering economy and a limited inventory.
KB Home has been enjoying a steady boost to its business from increased rentals.
The company has put effort on increasing revenues per community and profits per unit, boosting...
This company is making a bounce back. The "Street" Rates it a buy with at target of 25.36. This is the same area I get from the daily chart. But I notice the daily RSI is in the overbought area with a small bearish divergence. Price is also at the mid line of the larger up channel. So I am looking for some pull back before I personally commit. For myself I would...
Been watching this one for awhile. Took a position in late December but then took profits when it went lower. Hoping to see a higher volume logged in by the end of the day today. This whole industry is going up.
KBH is also from our last weeks trading room discussion, Part of homebuilders industry which has big selling and high p/e ratios.
As discussed it is continuing to breakdown. It crossed down SMA50 & MA100, moneyflow deep in the down & seems breaking down from a complex head & shoulder formation.
We are looking to short at the break of 14.83
You can check our...