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.

 

[Votto]

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

She does her best to sound white and look white as she adopts Trump policies

Can you blame her?

 

[Harpy Eagle]

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

View attachment 1005678

more wishful thinking threads from the MAGA cult

 

[Darkwind]

This is actually a bigger threat to the Market than a bad couple of years for Home Depot.

1.8K reactions · 2.3K shares | | Liberals_suck | incomeparent · Original audio

. incomeparent · Original audio

www.facebook.com

 

[boevans]

Thanks.

 

[Andrew_Jackson_FTW]

Not good for the working class. I own a few equities and I’m just gonna hold onto them for a few years. Because yes, they will eventually come back. But by the way, there might not even be a stock crash I hope there isn’t..

Crash or not we are witnessing one of the worst economies for the middle class right now.

Btw Half of the American people don’t own any stocks. And if the market is doing good, it’s usually because it’s being carried by a few strong companies. When you have a good market here like when the S&P 500 is up 20% it’s being carried by about five companies. So people who regurgitate the media talking points that the economy is good.

“The economy is good. Look at the stock market”.

^That’s not an indicator of a strong economy … maybe it’s an indicator that the super wealthy are just more rich. But not any kind of an indicator for the maybe it’s an indicator that the super wealthy are just more rich. But not any kind of an indicator for the middle-class. You have to look at the price of homes, the home ownership rate among middle-class Americans ….you have to look at the wages of the middle class.

The price of homes are outrageous. And only benefits the super rich. Wages are down and costs are up. The cost of groceries, automobiles you name it. They’re all up. And all Democrats can do about this is a laugh, mock working class people and blame Trump. They credit Obama for Trump‘s good economy. They blame Trump for Biden‘s bad economy. They troll nonstop in these types of conversations with one or two liners, and posts of zero substance

 

[saveliberty]

They went woke, so now they get to be broke.

 

[Harpy Eagle]

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

View attachment 1005678

In the 34 days since you made this amazing prediction, the DJI is up 1.9%. That is an annualized rate of 20.3%

Another great prediction by one of our boards multiple millionaires

 

[Harpy Eagle]

Should also be noted that HD is up 12% in the 34 days since this thread was started.