Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

LEN continues to break higher here. Broke nicely above the 38% retracement (I would not be too concerned about some pullbacks on the daily) just raise the trailing stop below the last pullback and wait for the next breakout)TOL broke nicely from a 38% retracement at 26.44 and moved to 30.74 although not directly. Got stopped out of TOL 27.30 but still reentered 27.47 so with LEN I'm also taking the approach of not letting up on this one. Earnings in both KBH and LEN are next week looking for more anticipatory upswing.