|Bid||191.16 x 1000|
|Ask||191.20 x 800|
|Day's Range||190.90 - 192.85|
|52 Week Range||158.09 - 215.43|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||19.64|
|Earnings Date||May 21, 2019|
|Forward Dividend & Yield||5.44 (2.67%)|
|1y Target Est||205.86|
A couple of key events this week that will be grabbing the attention of market watchers include the FOMC meeting minutes and retail earnings.
The gaps also encourage the uses of options to define risk with my preference between stock replacement moves like in-the-money calls rather than buying stock or out-of-the-money calls. It's challenging to find "tariff proof" or "Trade War proof" stocks in the market currently. The weekly setup on Lowe's may garner intrigue.
Home Depot HD , Nordstrom JWN , Kohl's KSS , Lowe's LOW , Target TGT , Best Buy BBY and Foot Locker FL are just a few of the big names highlighting the earnings marquee this week, and the options markets expect a few of these companies to make big moves. The market is predicting a 3% move in either direction for Home Depot, and a 5% move for both Lowe's and Target, and Carter Worth, chief market technician at Cornerstone Macro, said one of those names could break to the downside. Worth pointed out that compared with the ITB Home Construction ETF, Home Depot has acted very poorly, indeed.
Every Friday during earnings season Jim Cramer looks ahead to a number of companies that are due to report earnings. At the top of Friday's Mad Money program on Friday, Cramer said rainy weather could impact Home Depot's lucrative gardening season. In this daily bar chart of HD, below, we can see a number of cautionary signals and some sell signals.
Anyone who has been long this stock for a number of years, myself among them, has enjoyed gains measured in hundreds of percentage points. On Tuesday morning, The Home Depot will report first quarter financial performance. Earlier this year, the firm guided comp store sales growth toward 5% for the year, despite Q4 performance of 3.2% for this line item.
My call is to buy Home Depot and Kohl's on weakness to $188.96 and $61.11, respectively. The $188.96 level in Home Depot is its 200-day simple moving average. The $61.11 level is this month's value level for Kohl's.
Investors are starting their week off confronted by continuing tensions between the U.S. and China, as the trade dispute lingers and fallout from President Trump’s blacklisting of Chinese telecom giant Huawei widens. Google parent Alphabet Inc (NASDAQ: GOOG) has suspended some business with the Chinese telecom company.
It’s a retail-heavy earnings week, starting with Home Depot, TJX, and Nordstrom. Investors will also see the Fed report on its last meeting and data on home sales.
The "Options Action" traders share three options trading strategies to kick off the week.Carter Worth and Mike Khouw looked at a put spread in Home Depot HD .Dan Nathan illustrated call buying in Ford F .
Carter Worth spoke on CNBC's "Options Action" about Home Depot, Inc. (NYSE: HD ). He analyzed the stock from the technical standpoint and he concluded that it broke its trendline and it performed ...
Exclusive three-month beta program access now available to emerging hedge funds attending 2019 Battle of the Quants conference NEW YORK , May 20, 2019 /PRNewswire/ -- Thasos, an alternative data intelligence ...
Toyota Unhappy With Trump Car Tariffs "Today's proclamation sends a message to Toyota that our investments are not welcomed, and the contributions from each of our employees across America are not valued," Toyota (NYSE:TM) said in protest against President Trump’s new tariff policy declaring imported car parts a threat to national security. Trump’s claim is that, […]The post Market Morning Tough Toyota Tariff Talk, Brexit Round 4, Retailer Jitters, 'Hardcore' Tesla Cost Cuts appeared first on Market Exclusive.
This market can't seem to make up its mind, Jim Cramer told his Mad Money viewers Friday. Trade will be top of mind on Monday, Cramer said, as we wait to see if there will be any additional retaliation from China. Cramer said rainy weather could impact Home Depot's lucrative gardening season, but TJX should do well as that company buys merchandise, not from China, but from other retailers.
Investing.com - After a week dominated by escalating trade tensions between the U.S. and China the trade war looks likely to remain to the forefront of investors’ minds, but this week will also feature Federal Reserve minutes, U.S. retail earnings and economic data as well as European Union elections.
Home Depot has a long history of beating consensus estimates, and its bottom-line results have come in ahead of expectations every quarter since late 2014.
The stock market will confront the same issues on Monday as the week prior. The days following will see a lot of retailers hold conference calls, and Cramer is looking to see what they have to say about tariffs on Chinese imports. CNBC's Jim Cramer on Friday said he expects more of the same in the week ahead of stock trading.
The Sino-U.S. trade war is getting more acrimonious. After China responded to U.S. tariff increases with additional levies of its own, Washington blacklisted telecoms giant Huawei, prompting Chinese state social media to ramp up the war of words. All that's taken the yuan past 6.9 per dollar, despite authorities' efforts to snuff out speculation by adjusting daily exchange rate fixings and draining cash from markets.
"This is the week when most retailers report, so we will be listening closely to what they say about the trade war," Jim Cramer says.
On Monday, we'll see the same dynamic we saw this week: the market will punish companies that source in China and reward companies that don't. That's important because this is the week when most retailers report, so we'll be listening closely to what they say about the trade war.