HD-Home Depot Earnings | Stocks to Trade 11-14-17

hd home depot

HD-Home Depot Earnings Report

Home Depot same-store sales crush Wall Street estimates

Home Depot’s quarterly same-store sales blew past analysts’ estimates again, as the home improvement retailer saw customer transactions increase, and shoppers on average have been spending more across its stores.

After facing a slew of devastating hurricanes during its fiscal third quarter, Home Depot said revenue from those storms positively impacted same-store sales by roughly $282 million.

cnbc.com/home-depots-earnings

Home Depot profit beats as hurricanes spur demand

(Reuters) – Home Depot Inc (HD.N), the largest U.S. home improvement chain, beat analysts’ third-quarter sales and profit estimates on Tuesday, as hurricanes Harvey and Irma boosted demand for storm-related emergency products and rebuilding materials.

reuters.com/home-depot-earnings-results

HD-Home Dept 11-14-17 Before Earnings

HD-Home Dept 11-14-17 Before Earnings

Today's Trading Lesson

Bill Walsh the Hall of Fame coach of the San Francisco 49er’s scripted the first 25 plays of the game.

No matter what happened, he stuck to the plan. That’s the kind of preparation you need to reach six-figures.

Committed traders keep track of progress and there is no better way to do this than a trading journal. On the surface a journal helps evaluate performance but applied properly it should go much deeper than the results.

A trading journal is a checklist for measuring execution. It’s a friend to be accountable to. Long-term results are driven by each action-from strategy to stop-loss. Documenting your ability to follow your plan is crucial to success. It’s crucial in the pursuit of consistency.

Trust me that I am not using the word crucial, lightly.

Today's Trade of the Day | 11-14-17

LULU-LuluLemon 11-14-17

LULU-LuluLemon 11-14-17

LULU-Lululemon produced a momentum move above $64 but traded into an indecision candlestick. I don't like the close, but I do like the potential swing trade. This trade will most likely work immediately, or get stopped quickly. Game planning a $65 buy stop with a $70 target to sell. Stop loss on a close below $64.

SPY ETF Chart 11-14-17

SPY ETF Chart 11-14-17

HEADLINE NEWS

Fed may need ‘extreme’ policy to deal with future shocks: Evans
https://www.cnbc.com/2017/11/14/fed-may-need-extreme-policy-to-deal-with-future-shocks-evans.html

Five Things You Need to Know to Start Your Day
https://www.bloomberg.com//news/articles/2017-11-14/five-things-you-need-to-know-to-start-your-day

3 lessons for stock investors from market’s wild ‘fear gauge’ spike in 2008
https://www.marketwatch.com/story/3-lessons-for-stock-investors-from-markets-wild-fear-gauge-spike-in-2008-2017-11-14

This Artificial Intelligence All-Star List Has Surprising Names
https://www.investors.com/news/technology/keybanc-artificial-intelligence-all-star-list-has-surprising-names/

Cryptocurrency trading volumes reached a record high over the weekend that beats some US stock exchanges
http://www.businessinsider.com/bitcoin-price-swings-translates-into-big-volumes-2017-11

S&P 500 Heatmap 

SP 500 Heatmap 11-14-17

SP 500 Heatmap 11-14-17

Stocks to Trade | Tuesday Edition 11-14-17

Bullish Momentum: ROKU, WB, QCOM, SQ, MU, DXCM

Bearish Momentum: kss, nwl, jwn, fl

ORDER FLOW

Bullish Order Flow: WB, QCOM, EL, MCD, HD, UNH, SRPT, CRM, AMZN, MAR, FB, MA, ADBE, COST, CAT, AVGO, FSLR, LYB, EOG, DE, ABBV, CCI, AAPL, DG, BABA, LB, DLTR, NVDA

Bearish Order Flow: twx, cbs, trip, celg, amgn, cah, mnk, agn, aap, evhc, tsla

Double Normal Volume: ROKU, JD, QCOM, CBS, NWL, APC, TJX, EQT, TSN, CAH

Inside Days: nvda, twtr, nke, kr, gild, sbux, v, cop, bmy, k, nem, expe, abbv, jwn, ccl, stx, car, efx, wdc, fslr

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