A shallow dip is likely to be a buying opportunity.
Rising U.S.-China tensions continue to weigh, but new home sales and stalled continuing jobless claims may be positive catalysts.
LOW has made a rapid price recovery from the March low.
The market itself may be ignoring the realities of its weakest players.
Let's review the charts and indicators for this home builder.
Remember the mantra of the show: to teach, to educate, to explain, to put in context and entertain. I know trading. I was one.
And when it comes to gyms and fitness, I would much rather be long Planet Fitness than Peloton. Not even close.
In the short run TOL could bounce higher with the broad market recovery but eventually it will need to stand on its own.
The news out of the mortgage markets and cruise line business offers nothing to laugh about.
If we don't do this plan we will have a financial emergency as certain as we will have a health care one.