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Ironman says

Strategist says

Logan Mohtashami says

Once again as I have said for a while #TOL brothers .... down once again after their report,

Oh God. Know any good bankruptcy lawyers?

So, you wanted me to invest in home builders stocks, eh???

Want to get rich? Just buy them. Day to day changes are just buying opportunities.

Strategist says

Want to get rich? Just buy them. Day to day changes are just buying opportunities.

This is true even though the price is below what it was in early 2013, their was ample time in the 3 years to buy low and sell high, if you're a trader,

Logan Mohtashami says

Strategist says

Want to get rich? Just buy them. Day to day changes are just buying opportunities.

This is true even though the price is below what it was in early 2013, their was ample time in the 3 years to buy low and sell high, if you're a trader,

I'm focusing more on the industry rather than individual stocks. I have Toll Bros and some others, but the ETF's like ITB, XHB is what my little portfolio mostly holds.

Strategist says

ut the ETF's like ITB, XHB is what my little portfolio mostly holds.

I know, I am not bearish on the ETF as much as I was on Toll, kind of what I was saying to CNBC on that day, dogs of the dow theory with the ETF but be mindful of TOL

I got like 9 emails asking me to read their quarter as selling price fell for them, I replied, my history speaks for itself, do your own homework

Strategist says

I have Toll Bros and some others, but the ETF's like ITB, XHB is what my little portfolio mostly holds.

The one item I would look out for is if profit margins due to get hit when rates go higher with these higher priced homes, right now TOL was the first to bite on the lower sales price and they got hit on he earnings.

Builders who can sell lower and middle end homes should have the advantage in terms of net sales and pricing power.

If existing inventory grows, that's to me the biggest competition for the builders because of the big price gap between new and old.

However, we are all working from low level sales, that gives the future legs

TOL down again, from $30-$34 it's a much better pick up price, because under $30 no real support until $20 but that is a Great Recession price, so as always be mindful