August 19, 2025

By Nigam Arora

To gain an edge, this is what you need to know today.

Extreme Positive Sentiment

Please click here for a chart of Home Depot stock (HD).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of HD stock is being used to illustrate the point.
• Home Depot is important because it is the largest retailer of home improvement goods in the country.  Home Depot earnings reflect the state of housing and consumer sentiment.
• The chart shows the price action on earnings release in the premarket this morning.
• The chart shows HD stock is still below the high reached last year.