ONE-TWENTY TWO: Trading Financial Markets
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(This is an excerpt from an article I originally published on Seeking Alpha on December 29, 2015. Click here to read the entire piece.) In mid-September, I wrote “LGI Homes Is Now A Bit Hot To The Touch.” LGI Homes (LGIH) is down 18% since then. LGIH also hit an all-time high on December 1st … Read more
Century Communities, Inc. (CCS) reported third quarter earnings on the evening of November 5th at the tail-end of a particularly challenging time for the stock. Going into earnings, CCS was down 35% from its 52-week and all-time closing high set in early September. CCS is still up 7.5% for the year, but the recent earnings … Read more
Almost a month ago, I performed some risk management and trimmed my bulging portfolio of homebuilders by selling LGI Homes, Inc. (LGIH) (see “LGI Homes Is Now A Bit Hot To The Touch“). Since then, LGIH has chopped around and even came close to testing support at its 50-day moving average (DMA) on its way … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 10, 2015. Click here to read the entire piece.) I always get nervous when a rush occurs on a stock with a swell of late entrants to a good story. LGI Homes (LGIH), a homebuilder with a heavy concentration of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 19, 2014. Click here to read the entire piece.) {snip} An analyst asked this timely question during the November 11, 2014 earnings call for LGI Homes (LGIH). The quote comes from the Seeking Alpha transcript of that earnings call. Charles … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 6, 2015. Click here to read the entire piece.) In previous pieces covering homebuilders and housing, I have noted that my favorite plays in the space remain the regional builders. Regionals tend to have lower valuations with execution and growth … Read more