Watch the Dow Jones today, with Home Depot Reporting that sales arent going to be good for the next few cylces, we could see a big Bear.

[Mikeoxenormous]

https://www.cnn.com/2021/08/17/investing/home-depot-earnings-housing-market/index.html

Home Depot has thrived in the red-hot housing market, but there are growing signs that demand is finally starting to cool.
Although Home Depot’s second-quarter earnings and revenue topped forecasts on Tuesday morning, a few stats were concerning: For example, same-store sales growth, which measures how well locations up at least a year are doing, rose just 3.4% in the US.
That’s a big dropoff from the first quarter and below analysts’ estimates.

Home Depot is supposed to be the company that can weather good times and bad times, but with this reporting, it is worse times. When people have to choose between eating and letting their homes go to rot, the stomach rules everything.

'Detroitification' Happens to States and Nations, Too

www.mackinac.org

 

[pknopp]

Up only 3.4%, time to crash the markets to get the Fed pumping again.......................................

 

[1srelluc]

Futures are down 220.

I expect some profit taking given the high of Friday.

 

[Votto]

 

[Moonglow]

Since when has the stock market not gone up and down?

 

[Moonglow]

View attachment 1005684

off topic.

 

[Votto]

off topic.

No, it's on topic. Watching the world burn is funny to Kamala.

It is why she was born into this world.

 

[Moonglow]

View attachment 1005685


No, it's on topic. Watching the world burn is funny to Kamala.

It is why she was born into this world.

The world is not burning that is you being a pussy and still being off-topic.

 

[pknopp]

View attachment 1005685


No, it's on topic. Watching the world burn is funny to Kamala.

It is why she was born into this world.

Home Depot only increasing by 3.4% isn't exactly an example of the world burning.

 

[tyroneweaver]

View attachment 1005684

in her eagles endorsement poster she sure is a hell of a lot whiter.