Dear EarningsBeats Digest Members.
It appears a link to our revamped Daily Market Report may have been missing in Monday's EBD. So I wanted to make sure everyone got a chance to see a full week's worth of Tom Bowley's work - REALLY worth checking out! Accordingly, here is a link:
https://www.earningsbeats.com/public/Daily-Market-Report-Sample.cfm
You can scroll down to the bottom and click on "Next" to see the prior day's entry. And - if you like what you see (you will) - just click on the following link to check out all of the EarningsBeats.com features and sign up for a 30 day for just $7!
https://www.earningsbeats.com/public/membership.cfm
At your service,
John Hopkins
EarningsBeats.com
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When a Bad Market Reaction can be a Great Buy
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Later this afternoon, a homebuilder ($DJUSHB) will be reporting its latest results. I expect a blowout. KB Homes (KBH) has been trading in very bullish fashion and has been one of the best performers amongst its homebuilding peers. It has all the positive attributes I look for - strong industry group, leadership, uptrend above rising 20 day EMA, strong PPO, solid volume trends, etc. KBH led the homebuilders in 2016 and 2017 during the
last major uptrend, pulled back with the group to test long-term weekly price support during the downtrend, and has now accelerated again:
