Ten points analysis of why you may not buy this homebuilder before its earnings.
$PHM
CUE Edge analysis: The homebuilding industry was one of the strongest. Today, in real-time, CUE Edge is showing it is one of the most decelerating industries (1).
CUE Vital analysis: $PHM's earning is nearby (2). The stock is down today, a bullish day in the market (3). Its earnings growth is reducing from quarter to quarter (4). Insiders are not buying (5).
CUE charts analysis: A few days ago, $PHM was at Jump/Thrust High; an extermely overheated price (6). It was also at Price Extreme High at that time (7). Then, all of a sudden came a BigMoveDown3; an extremely bearish selling day (8). Who would sell a stock like $PHM at the very high price level when the stock was rapidly going up? Probably not reatail traders. And today, in real-time, CUE Global is showing the possible reversal bearish Headwind signal in daily (9) and also in weekly (10).
Taken together, the CUE 360 analysis is saying it is not time to buy $PHM. Insted, if you are holding $PHM going into earnings, there is probably reason to protect your profit or book some profit or hedge your position (or a combination of the above).
Will you consider shoring the stock? Before earnings, it can be done with options strategies which are defined-risk (as against shorting the stock, which is of undefined risk going into earnings).
What would you do with a stock like $PHM based on the above analysis?