U.S. DEBT TO $40T – SMART MONEY PAYING ATTENTION TO THE RISK BUT STOCK MARKET MOMO CROWD OBLIVIOUS
By Nigam Arora
To gain an edge, this is what you need to know today.
$40 Trillion Debt
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.
- The trendline on the chart shows HD stock has been in a downtrend. The reason has been persistently high interest rates.
- The chart shows HD stock is gapping up on earnings.
- Prudent investors should keep an eye if HD stock can break above the trendline shown on the chart.
August 18, 2026