"Leveling in demand" comment noted from Toll Bros.

|About: Toll Brothers Inc. (TOL)|By:, SA News Editor

Toll Brothers (TOL +0.1%) gives up a sizable post-earnings premarket pop with management's "leveling in demand" comment about the current (6-week-old) quarter offering a nice excuse to sell. Thus far in the quarter, contracts are flat from last year after rising 6% in FQ4 and 25% in FQ3.

Homebuilders ETFs: XHB +0.2%, ITB +0.3%.