Home Depot has been in a steep downturn since mid-September. How to use options to bet on a bounce
Home Depot (HD) has been in a steady slide, down about 12% over the last 18 days. While the downtrend is still intact, price is reaching a level where a mean-reversion bounce could set up. If support holds and momentum turns, this week might offer a defined-risk shot at a potential trend reversal. Support/Resistance Note […]
Jim Cramer explains how to pick out a solid retail growth stock
CNBC’s Jim Cramer told investors on Thursday how to pick a solid retail stock for their portfolios, listing six factors to consider before making an investment. “I want to spend some time tonight on what it means to buy the stock of a great franchise into weakness, not some software as a service company or […]
Jim Cramer explains how to trade Thursday’s tech sell-off
After buyers fled from Big Tech on Thursday, CNBC’s Jim Cramer advised investors to take advantage of the rotation but beware that it may not last long. “I say enjoy the rotation. It’s historically broadened things out, and tomorrow you’ll get another chance to make money with today’s winners,” he said. “But if interest rates […]
How to trade the biggest reports this week, including retail giant Walmart
Investors will get a glimpse this week on the state of the consumer with a slew retail companies slated to report earnings. Among the companies scheduled to post their earnings are Target, Walmart and Home Depot. Those reports will come as investors fret over the possibility of a recession taking hold next year. The third-quarter […]