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.
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.
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 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.
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Stocks to Trade | Tuesday Edition 11-14-17
Bullish Momentum: ROKU, WB, QCOM, SQ, MU, DXCM
Bearish Momentum: kss, nwl, jwn, fl
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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