|Day Low/High||57.21 / 58.50|
|52 Wk Low/High||27.04 / 60.16|
Improving home sales turn stocks such as Home Depot and Lowe's into better buys.
Think of it as a consumer-products company, like Gillette.
A cup-and-handle pattern projects a price target that would retest the former July high.
If Trump doesn't make good on his promises, we're in for a serious correction.
After the election passes we are going to talk about companies again -- and these have done well.
This market malaise is politically derived, and it wouldn't take much to bring things back to life.
Jim Cramer says the apparent slowdown companies in the housing sector have seen recently could be about to change after two big catalysts that are on the horizon.
"It's not the news that counts -- it's how the stock market reacts to the news that counts." -- Richard Russell (hat tip to Sir Jeff Saut for the source of the quote) The above quote filled my head most of the day (General Motors , Ford , Caterpilla...
Retail is a conspicuous loser this morning after bad misses at Masco , Sherwin-Williams , Whirlpool and by several restaurant chains. In the retail space, Home Depot is down $3 and Lowe's down $2, with Macy's and Nordstrom also lower. My only consum...
The housing sector is marching on, pulling the economy along.
After a 26% run in the last year, the stock could still have almost 13% to go.
But perhaps the economy is a bit like the Washington gridlock.
This is the first big disappointment of the earnings season.
The building material company should make a run at its all-time high as this breakout develops.
The stock has been very uneven with a number of 20%-plus swings up and down.
Jim Cramer is bullish on Newell Rubbermaid, following its merger with Jarden
The upside is glaring, and it is terrific.
We are looking for a push up above $30.50 to clearly break out on the topside.
Wait for this turnaround to develop, unless you're an aggressive trader.
These stocks will do well after Home Depot and Lowe's reports.