While earnings season is winding down, there are still some companies that are reporting and this week home builders are in the spotlight. With economic reports on housing on the way and Lennar (LEN) and KB Homes (KBH) reporting, there will be a good read on the potential for this sector to pull out of its nosedive (or continue to get slammed).
Nike will also be watched for their sales in China. Up until now, sales have been holding up – but with the latest reports of China’s economy slowing there could be some cautious comments from Nike’s management.
These particular issues were discussed in this week’s TDI Podcast…
(Click to enlarge)