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The numbers came in below views -- but we continue to believe the company is leveraged to a low-interest-rate environment.
They will both announce earnings results after the close.
As earnings season heated up this week, we used pullbacks to add shares to two of our model portfolio positions.
Investors in Standard Pacific Corp. saw new options begin trading this week, for the June 2015 expiration.
Amid the wild market swings, we used the selloff early in the week to add to seven of our model portfolio positions.
As earnings season kicked off this week, we used pullbacks to add shares to eight of our model portfolio positions.
This week, we used the prevailing weakness to add to six of our model portfolio positions and we trimmed one other.
We used the market's selloff this week to add shares to three of our model portfolio positions.
We put some cash to work in the model portfolio this week, initiating a new position and adding shares to two existing holdings.
During this week's volatile trading action, we added shares to two of our model portfolio positions.
There was plenty of action this week, and we would consider adding to some of our One-rated model portfolio names on further weakness.
This week, trading volume dried up ahead of the Labor Day holiday and we made no trades in the model portfolio, although a few names made big gains.
Stocks continued moving higher on light summer volume, but it was a quiet week for the model portfolio.
After a weak June, housing starts rose 16% in July.
Hovnanian Enterprises (HOV) stock is rising as home builder stocks gain from a rise in confidence for August.
As trading volume has largely dried up, it was a quiet week for the model portfolio, but we continue to look for new opportunities.
The Russell 2000 snapped a four-week losing streak this week, and we used pullbacks to add to two of our model portfolio positions.
As the market ended the week with losses, we used the decline to add shares to three of our model portfolio positions.
Carpet maker Mohawk, Public Storage, homebuilder Standard & Pacific and timber company Weyerhaeuser also report after the close Thursday or before the bell Friday.
Housing sector equities could begin a trend lower as economic data continues to signal weakness.
Stocks experienced high volatility as earnings season pressed on this week, and we closed out one of our model portfolio positions.
Worse-than-expected earnings reports from D.R. Horton and PulteGroup hurt, too.
We used the weakness this week to add to two of our model portfolio positions and, with the onset of earnings season, we are eyeing potential new names.
Connerton is a planned city in the center of Pasco County, Fla., that went dormant during the housing crash but is coming back with the help of four homebuilders.
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