|Day Low/High||207.11 / 210.17|
|52 Wk Low/High||158.09 / 215.43|
You don't need to look far to find example after example of stocks that wound up returning to their average P/E ratios after big swings up or down.
We must hope this is a pause that refreshes, or we have to expect a rate cut sometime soon.
Keep your eye on these names. Here's what to look for.
The more the market knows about the weaknesses cited by Home Depot, the more cushion Lowe's has ahead of earnings.
Tuesday may not be the best indicator of where Home Depot's stock price is headed.
I would stay on the sidelines with Home Depot and look to Lowe's if you are considering the space.
HD isn't likely to be a casualty of the trade war.
Peter Boockvar on Powell and Home Depot (and other issues - please check out Peter's comments on debt which parallel mine): There was nothing market moving in the comments last night from Jay Powell but he did spend time talking about excessive leve...
I don't see the appeal in HD, and KSS just disappointed in a big way.
The home improvement giant reaffirmed its guidance, but comparable-store sales fears are curbing enthusiasm for the shares on Tuesday morning.
Now, we know that if we got any sort of truce in the trade war, with the exception of the financials, these hated sectors would be loved.
Is the temporary license granted for U.S. exports to Huawei part of the ongoing attempt to reach a trade deal -- or is it early stages of what might end up as a protracted cold war?
Although not completely immune to tariffs and Trade Wars, I could see LOW...escaping relatively unscathed.
HD will report quarterly earnings Tuesday before the opening bell.
It's a key week for retail stocks, with these four well-known names all set to post quarterly results.
I think WMT serves as a good name to play and is a much better deal than trying to grab on to Amazon shares.
After covering shorts in , , , , (and others) earlier this week, I am very liquid. I stand ready to reload these shorts on further strength.
"Just one more thing." -- Lt. Columbo Since I was unusually active today (and I know it can get confusing) I think it would be helpful to summarize today's trades. * I covered all of my semiconductor shorts -- Intel and Micron (still on my Best Idea...
* A regime of volatility is growing more conspicuous (and likely) against an investment backdrop dominated by machines and algorithms * More volatility is suggested by an increasingly ambiguous global economic picture and with the chances of policy ...
* Raising my short exposure this morning As the business media dwells on the IPO, the market backdrop continues to deteriorate. I continue to see growing evidence that the market could be in a major topping process - with prior highs (and a possible...
"If wishes were horses then beggars would ride." - Grandma Koufax Though I did fine in these shorts, these are the recent short covers I wish I had never covered: * Apple - I have grown more negative on the short- to intermediate- term prospects. (H...
I wish that Uber could shelve its offering because of the trade deadline. That, however, is not going to happen.
I have a lengthy list of stocks and Indices to short on more strength including , , , , . I have very few stocks I want to buy or add to.