Articles tagged with $DJUSHB

Yesterday, several key homebuilders reported quarterly results that were way ahead of Wall Street consensus estimates. DR Horton (DHI) and PulteGroup, Inc. (PHM) both blew away consensus estimates, easily surpassing both revenue and EPS estimates. Those two, along with Lennar (LEN), were among the top 6 performers on the S&P 500 on Tuesday. KB Homes (KBH) and Toll Brothers (TOL) were among the Top 6 performers on the S&P 400 Mid Cap Index....keep reading

While our focus at EarningsBeats.com will always be technicals and fundamentals, we certainly do not ignore seasonal tendencies. Some are very strange - like the fact that home construction stocks ($DJUSHB) perform much better in the 3-month period from November through January than in any other 3-month period of the year. Common sense might suggest that these stocks would do well in Spring. But over the last two decades, this group has averaged returning 9.5% every November through December, while gaining just an average of 0.6% from April through June. That just doesn't seem right, does it? Well, another very odd seasonal tendency is for Netflix (NFLX) to open the new year on an absolute roll:...keep reading