
PAY ATTENTION: INFLATION HEADLINE IS MISLEADING, HOME DEPOT EARNINGS SHOW CONSUMER WEAKNESS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Misleading Headline Please click here for a chart of Home Depot (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 an important stock because it is the largest home improvement retailer and its earnings give a glimpse into consumer sentiment. HD is also a component of the Dow Jones Industrial Average (DJIA). The chart shows that HD pulled back 20% from