Diamonds and Dogs


Toll Brothers (TOL) jumps on earnings, looks good heading into the spring season. The luxury home builder easily beat by 47 cents as sales rose 9.4% year over year to $19.5 billion.  Toll Brothers delivers 1,927 homes in its first quarter, and reported 2,042 signed contracts as even as the 30-year mortgage rate hovers around 7%. Toll Brother's average home delivered in the quarter was about $1 million.

Palo Alto Networks (PANW) sinks on lower guidance. The cyber security stock is down 28% even as earnings beat and sales rose 19.3% to $1.98 billion. However, weak guidance for a second straight quarter as investors nervous of a price war for the industry.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.